Common use of Borrowings and Conversions Clause in Contracts

Borrowings and Conversions. Except as otherwise provided in Sections 2.3(d) and 2.4(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess thereof. Each borrowing, Conversion and Continuation of SOFR Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess of that amount.

Appears in 2 contracts

Samples: Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust)

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Borrowings and Conversions. Except as otherwise provided set forth in Sections 2.2(e), 2.3(d) ), and 2.4(e2.3(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 50,000 in excess thereof. Each borrowing, Conversion and Continuation of LIBORTerm SOFR Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 50,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (HC Government Realty Trust, Inc.)

Borrowings and Conversions. Except as otherwise provided in Sections 2.3(d2.4.(e) and 2.4(e2.5.(e), each borrowing of Base Rate Loans of the same Class shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $500,000 100,000 in excess thereof. Each borrowing, borrowing and each Conversion and Continuation of SOFR Loans of the same Class shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $500,000 1,000,000 in excess of that amount.. 4889-7534-3155, v. 14

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

Borrowings and Conversions. Except as otherwise provided in Sections 2.3(d) and 2.4(e), each Each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $500,000 100,000 and integral multiples of $500,000 100,000 in excess thereof. Each borrowing, borrowing and each Conversion and Continuation of SOFR Loans shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $500,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (NNN Reit, Inc.)

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Borrowings and Conversions. Except as otherwise provided in Sections 2.3(d2.3.(d) and 2.4(e2.4.(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess thereof. Each borrowing, Conversion and Continuation of SOFR Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess of that amount.. ​

Appears in 1 contract

Samples: Credit Agreement (CubeSmart, L.P.)

Borrowings and Conversions. Except as otherwise provided in Sections 2.3(d2.4.(e) and 2.4(e2.5(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $500,000 1,000,000.00 and integral multiples of $500,000 100,000.00 in excess thereof. Each borrowingborrowing of, Conversion to and Continuation of SOFR Loans shall be in an aggregate minimum amount of $500,000 1,000,000.00 and integral multiples of $500,000 100,000.00 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (LXP Industrial Trust)

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