Common use of Lenders’ Commitments Clause in Contracts

Lenders’ Commitments. Subject to the conditions and terms hereof, on each Acquisition Date during the Commitment Period, each Lender shall make a Loan to the Lessor at the written request of the Lessee in an aggregate amount in immediately available funds equal to such Lender's Commitment Percentage of the amount of the Advance being funded on such Acquisition Date. Notwithstanding any other provision hereof, no Lender shall be obligated to make any Loan if, after giving effect to the proposed Loan, the outstanding amount of such Lender's Loans would exceed such Lender's Commitment.

Lenders’ Commitments. Subject to the conditions and terms hereof, on each Acquisition Date during the Commitment Period, each Lender Lenders severally shall make a Loan Loans to the Lessor at the written request of the Lessee on each Funding Date for each Property in an aggregate amount in immediately available funds equal to such Lender's Commitment Percentage of the amount of the Advance being funded to Lessee on such Acquisition Funding Date. Notwithstanding any other provision hereof, no Lender shall be obligated to make any Loan if, after giving effect to the proposed Loan, the outstanding aggregate amount of such Lender's Loans would exceed such Lender's Commitment.