Common use of Total Term Loan Commitment Clause in Contracts

Total Term Loan Commitment. As of any date, the sum of the then-current Term Commitments of the Lenders to provide Term Loans. The Total Term Loan Commitment in effect on the Restatement Date is $0. In accordance with §3.1, upon completion of the reallocation described in §1.3, the Total Term Loan Commitment shall terminate.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Life Storage Lp)

Total Term Loan Commitment. As of any date, the sum of the then-current Term Loan Commitments of the Lenders to provide Term Loans. The Total Term Loan Commitment in effect on the Restatement Date is $0325,000,000. In accordance with §3.1, upon completion of the reallocation described in §1.3, the Total Term Loan Commitment shall terminate.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)