Common use of Number of Interest Periods Clause in Contracts

Number of Interest Periods. There may be no more than seven (7) different Interest Periods for LIBOR Loans, collectively, outstanding at the same time (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 2 contracts

Samples: Term Loan Agreement (First Potomac Realty Trust), Revolving Credit Agreement (First Potomac Realty Trust)

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Number of Interest Periods. There may be no more than seven (7) 6 different Interest Periods for LIBOR Loans and Bid Rate Loans, collectively, collectively outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 2 contracts

Samples: Credit Agreement (Commercial Net Lease Realty Inc), Credit Agreement (Commercial Net Lease Realty Inc)

Number of Interest Periods. There may be no more than seven (7) 8 different Interest Periods for LIBOR Loans and Bid Rate Loans, collectively, outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous)."

Appears in 2 contracts

Samples: Credit Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp)

Number of Interest Periods. There may be no more than seven eight (7) 8) different Interest Periods for LIBOR Loans, collectively, Loans outstanding at the same time (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 2 contracts

Samples: Pledge Agreement (Corporate Office Properties Trust), Pledge Agreement (Corporate Office Properties Trust)

Number of Interest Periods. There may be no more than (a) seven (7) different Interest Periods for Revolving Loans that are LIBOR Loans and (b) seven (7) different Interest Periods for Term Loans (inclusive of all Tranches) that are LIBOR Loans, collectively, outstanding at the same time (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 1 contract

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

Number of Interest Periods. There may be no more than seven (7) 5 different Interest Periods for LIBOR Loans, collectively, collectively outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 1 contract

Samples: Control Agreement (RMR Asia Pacific Real Estate Fund)

Number of Interest Periods. There may be no more than seven (7) 6 different Interest Periods for LIBOR Loans, collectively, collectively outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 1 contract

Samples: Credit and Security Agreement (Five Star Quality Care Inc)

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Number of Interest Periods. There may be no more than seven (7a) 8 different Interest Periods for Revolving Loans that are LIBOR Loans, collectively(b) 4 different Interest Periods for Bid Rate Loans and (c) 1 Interest Period for the Three Year Term Loans and 1 Interest Period for the Five Year Term Loans, in each case, outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous)."

Appears in 1 contract

Samples: Credit Agreement (Federal Realty Investment Trust)

Number of Interest Periods. There may be no more than seven (7) 10 different Interest Periods for LIBOR Loans and LIBOR Margin Loans, collectively, outstanding at the same time (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

Number of Interest Periods. There may be no more than seven (7) 3 different Interest Periods for LIBOR Loans, collectively, Loans outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous)."

Appears in 1 contract

Samples: Credit Agreement (Chartermac)

Number of Interest Periods. There may be no more than seven (7) 8 different Interest Periods for LIBOR Loans, collectively, Loans outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods Periods, even if they are coterminous).

Appears in 1 contract

Samples: Credit Agreement (Chartermac)

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