Loan Increase. Subject to the terms and conditions of this Agreement, Lenders hereby grant to Borrower and Borrower hereby accepts an increase in Lenders’ aggregate Revolving Commitments to FORTY MILLION AND NO/100THS DOLLARS ($40,000,000.00) (the “Increased Commitment”). All references in the Loan Documents to the Revolving Commitments are hereby amended to reference the Increased Commitment. Schedule 1 to the Credit Agreement is hereby deleted and replaced with Schedule 1 attached hereto.
Appears in 1 contract
Sources: Modification Agreement (Preferred Apartment Communities Inc)
Loan Increase. Subject to the terms and conditions of this Agreement, Lenders hereby grant to Borrower and Borrower hereby accepts an increase in Lenders’ aggregate Revolving Commitments to FORTY THIRTY MILLION AND NO/100THS DOLLARS ($40,000,000.0030,000,000.00) (the “Increased Commitment”). All references in the Loan Documents to the Revolving Commitments are hereby amended to reference the Increased Commitment. Schedule 1 to the Credit Agreement is hereby deleted and replaced with Schedule 1 attached hereto.
Appears in 1 contract
Sources: Modification Agreement (Preferred Apartment Communities Inc)