Common use of Variable Advances Clause in Contracts

Variable Advances. The Coupon Rate shall equal the sum of (1) an interest rate as determined by Lender (rounded to three places) payable for the MBS pursuant to the MBS Commitment ("MBS Imputed Interest Rate") and (2) the Variable Facility Fee.

Appears in 4 contracts

Samples: Master Credit Facility Agreement (Sunrise Assisted Living Inc), Master Credit Facility Agreement (Bre Properties Inc /Md/), Master Credit Facility Agreement (Sun Communities Inc)

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Variable Advances. The Coupon Rate applicable to Variable Advances shall equal the sum of (1) an imputed interest rate as determined by Lender (rounded to three places) payable for the MBS pursuant to the MBS Commitment ("β€œMBS Imputed Interest Rate"”) and (2) the Variable Facility Fee.

Appears in 1 contract

Samples: Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc)

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