Common use of Amount Limitations Clause in Contracts

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender shall not be required to make a Swingline Loan, no Revolving Lender shall make any Bid Rate Loan, the Agent shall not be required to issue a Letter of Credit and no reduction of the Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan or such reduction in the Revolving Loan Commitments: (a) the aggregate principal amount of all outstanding Revolving Loans, Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Loan Commitments at such time; or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Revolving Loan Commitments.

Appears in 3 contracts

Sources: Credit Agreement (LXP Industrial Trust), Credit Agreement (Lexington Realty Trust), Credit Agreement (Lepercq Corporate Income Fund L P)

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender shall not be required to make a Swingline Loan, no Revolving Lender shall make any Bid Rate Loan, the Agent Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan Loan, the issuance of such Letter of Credit or such reduction in the Revolving Loan Commitments: (a) the aggregate principal amount of all outstanding Revolving Loans, Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Loan Commitments at such time; or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Revolving Loan CommitmentsCommitments at such time.

Appears in 2 contracts

Sources: Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender shall not be required to make a Swingline Loan, no Tranche 1 Revolving Lender shall make any Bid Rate Loan, the Agent Issuing Banks shall not be required to issue a Letter Letters of Credit and no reduction of the any Class of Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan Loan, the issuance of such Letter of Credit or such reduction in the such Class of Revolving Loan Commitments: (ai) the aggregate principal amount Dollar Equivalent of all outstanding Tranche 1 Revolving Loans, Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Tranche 1 Revolving Loan Commitments at such time or (ii) the aggregate principal Dollar Equivalent of all outstanding Tranche 2 Revolving Loans would exceed the aggregate amount of the Tranche 2 Revolving Commitments at such time; or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Tranche 1 Revolving Loan CommitmentsCommitments at such time.

Appears in 2 contracts

Sources: Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp)

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the no Swingline Lender shall not be required to make a any Swingline Loan, no Revolving Lender shall make any Bid Rate Loan, the Agent Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan Revolving Loan, the issuance of such Letter of Credit or such reduction in the Revolving Loan Commitments: (a) the aggregate principal amount of all outstanding Revolving Loans, Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Loan Commitments at such time; or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Revolving Loan CommitmentsCommitments at such time.

Appears in 1 contract

Sources: Credit Agreement (Sl Green Operating Partnership, L.P.)

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender shall not be required to make a Swingline Loan, no Revolving Lender shall make any Bid Rate Loan, the Agent Issuing Bank shall not be required to issue a Letter of Credit and no reduction of the Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan Revolving Loan, the issuance of such Letter of Credit or such reduction in the Revolving Loan Commitments: (a) the aggregate principal amount of all outstanding Revolving Loans, Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Loan Commitments at such time; or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Revolving Loan CommitmentsCommitments at such time.

Appears in 1 contract

Sources: Credit Agreement (Sl Green Operating Partnership, L.P.)

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender shall not be required to make a Swingline Loan, no Revolving Lender shall make any Bid Rate Loan, the Agent Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan Loan, the issuance of such Letter of Credit or such reduction in the Revolving Loan Commitments: : (a) the aggregate principal amount of all outstanding Revolving Loans, Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Loan Commitments at such time; or or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Revolving Loan CommitmentsCommitments at such time.

Appears in 1 contract

Sources: Credit Agreement (Washington Real Estate Investment Trust)

Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Revolving Lender shall be required to make a Revolving Loan, the Swingline Lender shall not be required to make a Swingline Loan, no Revolving Lender shall make any Bid Rate Loan, the Agent Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the Revolving Loan Commitments pursuant to Section 2.13. shall take effect, if immediately after the making of any such Loan Loan, the issuance of such Letter of Credit or such reduction in the Revolving Loan Commitments: (a) the aggregate principal amount of all outstanding Revolving Loans, and Bid Rate Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Loan Commitments at such time; or (b) the aggregate principal amount of all outstanding Bid Rate Loans would exceed 50.0% of the aggregate amount of the Revolving Loan Commitments.Commitments at such time. LEGAL02/40926073v6

Appears in 1 contract

Sources: Credit Agreement (Elme Communities)