Common use of REVOLVING COMMITMENT PERIOD Clause in Contracts

REVOLVING COMMITMENT PERIOD. Lender agrees to make Advances to Borrower, on the terms and subject to the limitations set forth herein, during the Revolving Commitment Period. Lender's commitment to make the Revolving Loan shall terminate on the Revolving Loan Maturity Date or the earlier occurrence of any Event of Default.

Appears in 3 contracts

Sources: Contract of Sale (Education Realty Trust, Inc.), Contract of Sale/Contribution (Education Realty Trust, Inc.), Revolving Loan Agreement (Education Realty Trust, Inc.)