Common use of Yen Committed Loans Clause in Contracts

Yen Committed Loans. Subject to the terms and conditions set forth herein, each Yen Lender severally agrees to make loans (each such loan, a “Yen Committed Loan”) to each Yen Borrower, subject to Section 4.2, in Yen or in one or more Alternative Currencies of the Yen Tranche from time to time, on any Business Day during the Availability Period, under the Yen Tranche, in an aggregate amount not to exceed at any time outstanding the amount of such Yen Lender’s Yen Commitment; provided that after giving effect to any Yen Committed Borrowing, (a) the Yen Total Outstandings shall not exceed the Yen Aggregate Commitments and (b) the Yen Credit Exposure of any Yen Lender shall not exceed such Yen Lender’s Yen Commitment, provided, further, that any Yen Committed Loan denominated in Yen may only be made to a Yen Borrower organized under the Laws of Japan or Prologis Japan Finance Incorporated (Delaware). Within the limits of each Yen Lender’s Yen Commitment, Yen Borrowers may borrow under this Section 4.1, prepay under Section 4.5 and reborrow under this Section 4.1. Yen Committed Loans may be Base Rate Loans (if denominated in Dollars), ABR Rate Loans (if denominated in Yen) or Eurocurrency Rate Loans, as further provided herein.

Yen Committed Loans. Subject to the terms and conditions set forth herein, each Yen Lender severally agrees to make loans (each such loan, a “Yen Committed Loan”) to each Yen Borrower, subject to Section 4.25.2, in Yen or in one or more Alternative Currencies of the Yen Tranche from time to time, on any Business Day during the Initial Availability PeriodPeriod with respect to such Yen Lender’s Initial Commitment, and during the Extended Availability Period with respect to such Yen Lender’s Extended Commitment, as applicable, under the Yen Tranche, in an aggregate amount not to exceed at any time outstanding the amount of such Yen Lender’s Yen Commitment; provided that after giving effect to any Yen Committed Borrowing, (a) the Yen Total Outstandings shall not exceed the Yen Aggregate Commitments Commitments, and (b) the Yen Credit Exposure of any Yen Lender shall not exceed such Yen Lender’s Yen Commitment, provided, provided further, that any Yen Committed Loan denominated in Yen may only be made to a Yen Borrower organized under the Laws of Japan, a Japan Property Fund, or Prologis ProLogis Japan Finance Incorporated (Delaware). Within the limits of each Yen Lender’s Yen Commitment, Yen Borrowers may borrow under this Section 4.15.1, prepay under Section 4.5 5.6, and reborrow under this Section 4.15.1. Yen Committed Loans may be Base Rate Loans (if denominated in Dollars), ABR Rate Loans (if denominated in Yen) ), or Eurocurrency Rate Loans, as further provided herein.

Yen Committed Loans. Subject to the terms and conditions set forth herein, each Yen Lender severally agrees to make loans (each such loan, a “Yen Committed Loan”) to each Yen Borrower, subject to Section 4.2, in Yen or in one or more Alternative Currencies of the Yen Tranche from time to time, on any Business Day during the Availability Period, under the Yen Tranche, in an aggregate amount not to exceed at any time outstanding the amount of such Yen Lender’s Yen Commitment; provided that after giving effect to any Yen Committed Borrowing, (a) the Yen Total Outstandings shall not exceed the Yen Aggregate Commitments and (b) the Yen Credit Exposure of any Yen Lender shall not exceed such Yen Lender’s Yen Commitment, provided, further, that any Yen Committed Loan denominated in Yen may only be made to a Yen Borrower organized under the Laws of Japan or Prologis that is qualified to do business in Japan Finance Incorporated (Delaware)as a foreign entity. Within the limits of each Yen Lender’s Yen Commitment, Yen Borrowers may borrow under this Section 4.1, prepay under Section 4.5 and reborrow under this Section 4.1. Yen Committed Loans may be Base Rate Loans (if denominated in Dollars), ABR Rate Loans (if denominated in Yen) or Eurocurrency Rate Loans, as further provided herein.

Yen Committed Loans. Subject to the terms and conditions set forth herein, each Yen Lender severally agrees to make loans (each such loan, a “Yen Committed Loan”) to each Yen Borrower, subject to Section 4.25.2, in Yen or in one or more Alternative Currencies of the Yen Tranche from time to time, on any Business Day during the Availability Period, under the Yen Tranche, in an aggregate amount not to exceed at any time outstanding the amount of such Yen Lender’s Yen Commitment; provided that after giving effect to any Yen Committed Borrowing, (a) the Yen Total Outstandings shall not exceed the Yen Aggregate Commitments Commitments, and (b) the Yen Credit Exposure of any Yen Lender shall not exceed such Yen Lender’s Yen Commitment, provided, provided further, that any Yen Committed Loan denominated in Yen may only be made to a Yen Borrower organized under the Laws of Japan, a Japan Property Fund, or Prologis ProLogis Japan Finance Incorporated (Delaware). Within the limits of each Yen Lender’s Yen Commitment, Yen Borrowers may borrow under this Section 4.15.1, prepay under Section 4.5 5.6, and reborrow under this Section 4.15.1. Yen Committed Loans may be Base Rate Loans (if denominated in Dollars), ABR Rate Loans (if denominated in Yen) ), or Eurocurrency Rate Loans, as further provided herein.