Common use of Borrowings and Conversions Clause in Contracts

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Each borrowing and each Conversion of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 in excess of that amount.

Appears in 2 contracts

Samples: Credit Agreement (Corporate Office Properties, L.P.), And Consolidated Credit Agreement (Corporate Office Properties, L.P.)

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Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.2.(e) and 2.5.(e2.3.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 500,000 in excess thereofthereof (or in any case, the aggregate amount of the unused Commitments). Each borrowing of and each Conversion of to LIBOR Loans of the same Class shall be in an the aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 in excess of that amount.

Appears in 2 contracts

Samples: Management Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (U-Store-It Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.2.(e) and 2.5.(e2.3.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (U-Store-It Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.2.(e) and 2.5.(e2.3.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Each borrowing of, Conversion to and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Lexington Corporate Properties Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.2.(e) and 2.5.(e2.3.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 5,000,000 and integral multiples of $100,000 1,000,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 5,000,000 and integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Morgans Hotel Group Co.)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.2.(e) and 2.5.(e2.3.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 500,000 and integral multiples of $100,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 100,000 and integral multiples of $1,000,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Government Properties Trust Inc)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.3.(e) and 2.5.(e2.4.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 250,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 250,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Piedmont Office Realty Trust, Inc.)

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Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 500,000 in excess thereof. Each borrowing and each Conversion of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 2,000,000 and integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Federal Realty Investment Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.3.(e) and 2.5.(e2.4.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 500,000 in excess thereof. Each borrowing and each Conversion of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 500,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (UDR, Inc.)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.3.(e) and 2.5.(e2.4.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 5,000,000 and integral multiples of $100,000 1,000,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 5,000,000 and integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (St Joe Co)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(eSection 2.2.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 1,000,000.00 and integral multiples of $100,000 100,000.000 in excess thereof. Each borrowing of, Conversion to and each Conversion Continuation of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 2,000,000 and integral multiples of $1,000,000 100,000.00 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Entertainment Properties Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e2.3.(e) and 2.5.(e2.4.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Each borrowing and each Conversion of LIBOR Loans of the same Class shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

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