Amounts Outstanding. The parties hereto agree that there shall be no limit on the number of Properties or the value or the cost of acquisition or construction thereof; provided that (i) at no time shall the aggregate amount of Advances outstanding with respect to Store Land Property exceed $50,000,000; (ii) the aggregate Property Cost of all the Properties must at all times equal (x) the aggregate principal amount of the Loans outstanding plus (y) the aggregate Investor Contribution; (iii) at no time shall the aggregate principal amount of the Loans outstanding exceed the aggregate Commitments; and (iv) at no time shall the aggregate Investor Contributions outstanding exceed the aggre gate Investor Commitments.
Appears in 2 contracts
Sources: Participation Agreement (Quality Food Centers Inc), Participation Agreement (Fred Meyer Inc)