Common use of Variable Advances Clause in Contracts

Variable Advances. The obligation of Borrower to repay the Variable Advances shall be evidenced by the Variable Facility Notes. The Variable Facility Notes shall be payable to the order of Lender and shall be made in the original principal amount of each Variable Advance.

Appears in 4 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Education Realty Trust, Inc.), Master Credit Facility Agreement (Camden Property Trust)

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Variable Advances. The obligation of Borrower to repay the Variable Advances shall be evidenced by the Variable Facility NotesNote. The Variable Facility Notes Note shall be payable to the order of Lender and shall be made in the original principal amount of each the Variable AdvanceFacility Commitment.

Appears in 2 contracts

Samples: Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc), Master Credit Facility Agreement (Bre Properties Inc /Md/)

Variable Advances. The obligation of Borrower to repay the Variable Advances shall be evidenced by the Variable Facility NotesNote. The Variable Facility Notes Note shall be payable to the order of Lender and shall be made in the original principal amount of each the Variable AdvanceFacility Commitment.

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Sunrise Assisted Living Inc), Master Credit Facility Agreement (Sun Communities Inc)

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Variable Advances. The obligation of Borrower to repay the each Variable Advances Advance shall be evidenced by the a single Variable Facility NotesNote. The Each Variable Facility Notes Note shall be payable to the order of Lender and shall be made in the original principal amount of each such Variable Advance.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Sun Communities Inc)

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