U.S. Bank Facilities definition
Examples of U.S. Bank Facilities in a sentence
Borrower may request and use a L/C Facility for the same purpose as any Revolving Loan, or, with respect to the TIAA Letter of Credit, to secure the TIAA Facilities, or, with respect to the U.S. Bank Letter of Credit, to secure the U.S. Bank Facilities, but for no other purposes.
The Borrower shall comply with its obligations under each RE Holdings Lease in all respects such that neither RE Holdings nor any third party lender (whether pursuant to the U.S. Bank Facilities or otherwise) shall have the right to terminate any RE Holdings Lease by reason of default by the Borrower thereunder.
The Borrower shall not permit any Subsidiary to acquire any real Property, unless the same is subject to a mortgage (a) in favor of the U.S. Bank Lenders securing the U.S. Bank Facilities if the RE Holdings acquires such real Property, or (b) in favor of TIAA securing the TIAA Facilities if a TIAA Subsidiary acquires such real Property.