Application of Repayments. Any repayments pursuant to this Section 2.8.3 shall be (i) subject to Section 3.4, and (ii) applied first, to any Reference Rate Committed Loans then outstanding and second, to the LIBOR Committed Loans (in order of the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Essex Portfolio Lp), Revolving Credit Agreement (Essex Portfolio Lp), Revolving Credit Agreement (Essex Property Trust Inc)
Application of Repayments. Any repayments pursuant to this Section 2.8.3 2.8.2 shall be (i) subject to Section 3.4, and (ii) applied first, to any Reference Rate Committed Loans then outstanding and second, to the LIBOR Committed Loans (in order of the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.
Appears in 3 contracts
Samples: Revolving Credit Agreement (AmREIT, Inc.), Revolving Credit Agreement (AmREIT, Inc.), Revolving Credit Agreement (Essex Portfolio Lp)
Application of Repayments. Any repayments pursuant to this Section 2.8.3 subsection 2.7.2 shall be (i) subject to Section 3.4, and (ii) applied first, first to any Reference Rate Committed Loans then outstanding and second, then to the LIBOR Committed Loans (in order of with the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Essex Property Trust Inc), Revolving Credit Agreement (Essex Portfolio Lp)
Application of Repayments. Any repayments pursuant to this Section 2.8.3 2.7.2 shall be (i) subject to Section 3.4, and (ii) applied first, first to any Reference Rate Committed Loans then outstanding and second, then to the LIBOR Committed Loans (in order of with the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.
Appears in 1 contract
Application of Repayments. Any repayments pursuant to this Section 2.8.3 2.9.3 shall be (i) subject to Section 3.4, and (ii) applied first, to any Reference Rate Committed Loans then outstanding and outstanding, second, to the LIBOR Committed Loans (in order of the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period interest period remaining.
Appears in 1 contract
Application of Repayments. Any repayments pursuant to this Section 2.8.3 subsection 2.7.2 shall be (i) subject to Section 3.4, and (ii) applied first, first to any Reference Rate Committed Loans then outstanding and second, then to the LIBOR Committed Rate Loans (in order of with the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.. 2.7.3
Appears in 1 contract
Samples: Credit Agreement (Bedford Property Investors Inc/Md)
Application of Repayments. Any repayments pursuant to this Section 2.8.3 subsection 2.6.2 shall be (i) subject to Section 3.4, and (ii) applied first, first to any Reference Rate Committed Loans then outstanding and second, then to the LIBOR Committed Rate Loans (in order of with the shortest Interest Periods remaining); and third, to the Bid Loans in the order of the shortest Interest Period remaining.. 2.6.3
Appears in 1 contract
Samples: Unsecured Credit Agreement (Bedford Property Investors Inc/Md)
