Common use of Alternate Currency Loans Clause in Contracts

Alternate Currency Loans. Subject to the terms and conditions hereof, during the period from the Effective Date to but excluding the Termination Date, the Alternate Currency Lender agrees to make Alternate Currency Loans in the Alternate Currency to the Borrower in an aggregate principal amount at any one time outstanding up to, but not exceeding, the amount of the Alternate Currency Commitment. Subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Alternate Currency Loans hereunder. The Alternate Currency Loans shall, in addition to this Agreement, be evidenced by the Alternate Currency Note.

Appears in 1 contract

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

Alternate Currency Loans. Subject to the terms and conditions hereof, during the period from the Effective Date to but excluding the Alternate Currency Termination Date, the Alternate Currency Lender agrees to make Alternate Currency Loans in the any Alternate Currency to the Borrower in an aggregate principal amount at any one time outstanding up to, but not exceeding, the amount of the Alternate Currency Commitment. Subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Alternate Currency Loans hereunder. The Alternate Currency Loans shall, in addition to this Agreement, be evidenced by the Alternate Currency Note.

Appears in 1 contract

Sources: Credit Agreement (HRPT Properties Trust)