Payments Under Loan Documents. Borrower shall fail to pay any principal under any Borrowing Tranche (including scheduled installments, mandatory prepayments or the payment due at maturity), or shall fail to pay any interest on any Loan or any other amount owing hereunder or under any other Loan Documents or under any Qualifying Rate Cap Agreements or Qualifying Rate Swap Agreements after such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;
Appears in 3 contracts
Samples: Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)
Payments Under Loan Documents. Borrower shall fail to pay any principal under any Borrowing Tranche (including scheduled installments, mandatory prepayments or the payment due at maturity), or shall fail to pay any interest on any Loan or any other amount owing hereunder or under any other Loan Documents or under any Qualifying Rate Cap Agreements or Qualifying Rate Swap Agreements after such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;
Appears in 3 contracts
Samples: Credit Agreement (United Dominion Realty Trust Inc), Credit Agreement (Summit Properties Partnership L P), Credit Agreement (Smith Charles E Residential Realty Lp)
Payments Under Loan Documents. Borrower shall fail to pay any principal under any Base Rate Borrowing Tranche (including scheduled installments, mandatory prepayments or the payment due at maturity), or shall fail to pay any interest on any Loan or any other amount owing hereunder or under any other Loan Documents or under any Qualifying Rate Cap Agreements or Qualifying Rate Swap Agreements after such principal, interest or other amount becomes due in accordance with the terms hereof or thereofthereof and after the expiration of any applicable notice and cure period;
Appears in 1 contract
Samples: Credit Agreement (Behringer Harvard Multifamily Reit I Inc)
Payments Under Loan Documents. Borrower shall fail to pay any principal under any Base Rate Borrowing Tranche or Fixed Rate Borrowing Tranche (including scheduled installments, mandatory prepayments or the payment due at maturity), or shall fail to pay any interest on any Loan or any other amount owing hereunder or under any other Loan Documents or under any Qualifying Rate Cap Agreements or Qualifying Rate Swap Agreements after such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;
Appears in 1 contract
