Common use of Inability to Accelerate Loan Clause in Contracts

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 41 contracts

Samples: Credit Agreement (Hospitality Properties Trust), Credit Agreement (Pennsylvania Real Estate Investment Trust), Guaranty (Parkway, Inc.)

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Inability to Accelerate Loan. If the Administrative Agent and/or the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 29 contracts

Samples: Credit Agreement (Excel Trust, Inc.), Guaranty (Broadstone Net Lease, Inc.), Guaranty (Broadstone Net Lease, Inc.)

Inability to Accelerate Loan. If the Administrative Agent and/or the other Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 23 contracts

Samples: Credit Agreement (Apple REIT Ten, Inc.), And (RLJ Lodging Trust), Credit Agreement (Amerigas Partners Lp)

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment payment, upon an Event of Default, of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 7 contracts

Samples: Credit Agreement (Hudson Pacific Properties, Inc.), Credit Agreement (Hudson Pacific Properties, L.P.), Credit Agreement (Hudson Pacific Properties, L.P.)

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any one of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 6 contracts

Samples: Guaranty (Equity Lifestyle Properties Inc), Term Loan Agreement (Post Apartment Homes Lp), Credit Agreement (Equity Lifestyle Properties Inc)

Inability to Accelerate Loan. If any Guaranteed Party or the Guarantied Parties or holder of any of them are the Guaranteed Obligations is prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations thereof by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties Guaranteed Party or such holder shall be entitled to receive from each the Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 4 contracts

Samples: Credit Agreement (Shaw Industries Inc), Credit Agreement (Shaw Industries Inc), Credit Agreement (Shaw Industries Inc)

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any one of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each the Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred. Section 9.

Appears in 4 contracts

Samples: Credit Agreement (Equity Lifestyle Properties Inc), Credit Agreement (Equity Lifestyle Properties Inc), Equity Lifestyle Properties Inc

Inability to Accelerate Loan. If the Guarantied Parties or any one of them are is prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 3 contracts

Samples: Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.)

Inability to Accelerate Loan. If To the extent permitted by Applicable Law, if the Administrative Agent and/or the other Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Park Hotels & Resorts Inc.), Credit Agreement (Park Hotels & Resorts Inc.)

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any one of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each the Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: And Consolidated Credit Agreement (Equity Lifestyle Properties Inc), And Consolidated Guaranty (Equity Lifestyle Properties Inc)

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: Credit Agreement (CapLease, Inc.), Option and Subordination Agreement (CapLease, Inc.)

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Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred. Section 9.

Appears in 2 contracts

Samples: Credit Agreement (Saul Centers Inc), Saul Centers Inc

Inability to Accelerate Loan. If the Administrative Agent and/or the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations Obligations, after the occurrence of a Springing Recourse Event, by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: And Consolidated Credit Agreement (First Potomac Realty Trust), Parent Guaranty (First Potomac Realty Trust)

Inability to Accelerate Loan. If the Agent and/or the other Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 2 contracts

Samples: Guaranty (Pennsylvania Real Estate Investment Trust), Guaranty (Pennsylvania Real Estate Investment Trust)

Inability to Accelerate Loan. If the Guarantied Administrative Agent and/or the other Secured Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations thereof by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Secured Parties shall be entitled to receive from each Guarantorthe Parent, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 1 contract

Samples: Parent Guaranty (PHH Corp)

Inability to Accelerate Loan. If the Administrative Agent and/or any of the other Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the relevant other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 1 contract

Samples: Credit Agreement (Bre Properties Inc /Md/)

Inability to Accelerate Loan. If the Guarantied Agent and/or the other Secured Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Secured Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (U-Store-It Trust)

Inability to Accelerate Loan. If the Guarantied Parties or any of them are prevented under Applicable Law or otherwise from demanding or accelerating payment of any of the Guarantied Obligations by reason of any automatic stay or otherwise, the Administrative Agent and/or the other Guarantied Parties shall be entitled to receive from each Guarantor, upon demand therefor, the sums which otherwise would have been due had such demand or acceleration occurred.. [Signatures Continued on Next Page]

Appears in 1 contract

Samples: Guaranty (Pennsylvania Real Estate Investment Trust)

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