Common use of Interest Will be Spread Clause in Contracts

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this note.

Appears in 6 contracts

Samples: Credit Agreement (Archstone Smith Operating Trust), Credit Agreement (Archstone Smith Operating Trust), Credit Agreement (Archstone Smith Trust)

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Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note Payee for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this noteNote, so that the interest rate is uniform throughout the full term of this noteNote.

Appears in 6 contracts

Samples: 2013 Term Loan Agreement (Eastgroup Properties Inc), Credit Agreement (Eastgroup Properties Inc), Credit Agreement (Eastgroup Properties Inc)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, Table of Contents shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this note.

Appears in 2 contracts

Samples: Credit Agreement (Archstone Smith Operating Trust), Credit Agreement (Archstone Smith Trust)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the INITIALLED FOR IDENTIFICATION:__________ full term of this note, so that the interest rate is uniform throughout the full term of this note.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Pacific Trust)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this note.. (f)

Appears in 1 contract

Samples: Credit Agreement (Parkway Properties Inc)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note Payee for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be EXHIBIT C-1 amortized, prorated, allocated and spread in equal parts throughout the full term of this noteNote, so that the interest rate is uniform throughout the full term of this noteNote.

Appears in 1 contract

Samples: Credit Agreement (Eastgroup Properties Inc)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note Lender for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this noteNote. 6.

Appears in 1 contract

Samples: Credit Agreement (Parkway Properties Inc)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note for the use, forbearance or detention of the indebtedness evidenced herebyhereby shall, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury lawsLaw, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this note.

Appears in 1 contract

Samples: Facilities Agreement (Firstcity Financial Corp)

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Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note Payee for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this noteNote, so that the interest rate is uniform throughout the full term of this note.Note. EXHIBIT F

Appears in 1 contract

Samples: Credit Agreement (Eastgroup Properties Inc)

Interest Will be Spread. All sums paid or agreed to be paid to the ----------------------- Holder of this note for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this note.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Pacific Trust)

Interest Will be Spread. All sums paid or agreed to be paid to the ------------------------ Holder of this note for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this note, so that the interest rate is uniform throughout the full term of this note.

Appears in 1 contract

Samples: Credit Agreement (Archstone Communities Trust/)

Interest Will be Spread. All sums paid or agreed to be paid to the Holder of this note Payee for the use, forbearance or detention of the indebtedness evidenced hereby, to the extent permitted by EXHIBIT C applicable law and to the extent necessary to avoid violating applicable usury laws, shall be amortized, prorated, allocated and spread in equal parts throughout the full term of this noteNote, so that the interest rate is uniform throughout the full term of this noteNote.

Appears in 1 contract

Samples: Credit Agreement (Eastgroup Properties Inc)

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