Common use of Automatic Clause in Contracts

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower, (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kind.

Appears in 5 contracts

Samples: Term Loan Agreement (Columbia Property Trust, Inc.), Term Loan Agreement (Columbia Property Trust, Inc.), Term Loan Agreement (Columbia Property Trust, Inc.)

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Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B2) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 5 contracts

Samples: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections Section 10.1(f) or 10.1(g) with respect to the Borrower), (A)(iA) (x) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiy) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 3 contracts

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(f) or 10.1(g) with respect to the Borrower11.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and outstanding, (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Term Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 3 contracts

Samples: Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

Automatic. Upon the occurrence of an Event of Default specified in Sections Section 10.1(f) or 10.1(g) with respect to the Borrower), (A)(iA) (i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the unused Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 3 contracts

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B2) all of the Commitments and the obligation of the Lenders to make Loans hereunder, shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Credit Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 9.1(e) or 10.1(g) with respect to the BorrowerSection 9.1(f), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii3) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and Borrower, and, (B) all of the Commitments and Commitments, the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust), Credit Agreement (Pennsylvania Real Estate Investment Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections Section 10.1(f) or 10.1(g) with respect to the Borrower), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 2 contracts

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.3(f) or 10.1(g) with respect to the Borrower10.3(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans Loans, hereunder, shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Credit Agreement (Technology Investment Capital Corp), Credit Agreement (Technology Investment Capital Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1(e) or 10.1(g) with respect to the Borrower11.1(f), (A)(i1) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii2) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 2 contracts

Samples: Term Loan Agreement (Chesapeake Lodging Trust), Term Loan Agreement (Chesapeake Lodging Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower, (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kind.. (ii)

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1(e) or 10.1(g) with respect to the Borrower11.1(f), (A)(i1) (A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B2) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(f) or 10.1(g) with respect to the Borrower11.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Credit Agreement (Captec Net Lease Realty Inc), Credit Agreement (Captec Net Lease Realty Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the BorrowerBorrowers, including, but not limited to, the other amounts owed to the Lenders and the Managing Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower Borrowers without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrowers and (B) all each of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kind.terminate;

Appears in 2 contracts

Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f9.1.(e) or 10.1(g) with respect to the Borrower9.1.(f), (A)(iA)(1) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding; and (ii2) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes Agreement or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans Revolving Credit Facility shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Credit Agreement (Shaw Industries Inc), Credit Agreement (Shaw Industries Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1(e) or 10.1(g) with respect to the BorrowerSection 10.1(f), (A)(iA)(1) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii2) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and Borrower, and, (B) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Pennsylvania Real Estate Investment Trust), Intercreditor Agreement (Pennsylvania Real Estate Investment Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(f) or 10.1(g) with respect to the Borrower11.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments Commitments, and the obligation of the Lenders to make Loans Loans, shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Term Loan Agreement (Kite Realty Group Trust), Term Loan Agreement (Kite Realty Group Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the A)the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 2 contracts

Samples: Term Loan Agreement (Corporate Office Properties Trust), Term Loan Agreement (Corporate Office Properties Trust)

Automatic. Upon the occurrence and during the continuance of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(i1)(A) the principal of, and all accrued interest on, the Loans Loans, and the Notes at the time outstanding and (iiB) all of the other Obligations of the BorrowerObligations, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and the other Loan Parties and (B2) all of the Term Loan Commitments and the obligation of the Lenders to make Loans then in effect shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Term Loan Agreement (Broadstone Net Lease, Inc.), Term Loan Agreement (Broadstone Net Lease Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(e) or 10.1(g) with respect to the Borrower10.1.(f), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 2 contracts

Samples: Pledge Agreement (Corporate Office Properties Trust), Pledge Agreement (Corporate Office Properties Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, (B) [reserved] and (iiC) all of the other Obligations of the BorrowerObligations, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and the other Loan Parties, and (B2) all of the Commitments and the any obligation or Commitment of the Lenders to make Loans hereunder, shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Realty Income Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(iA)(1) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii2) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Term Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Heritage Property Investment Trust Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections SECTIONS 10.1(f) or 10.1(g) with respect to the Borrower), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes Notes, or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all each of the Commitments (including the Swing Line Commitment) and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kind.terminate;

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g11.1.(f) with respect to the BorrowerBorrower or the Parent, (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, (B) [Reserved] and (iiC) all of the other Obligations of the BorrowerObligations, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and the other Loan Parties, and (B2) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Credit Agreement (NETSTREIT Corp.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the BorrowerBorrowers, including, but not limited to, the other amounts owed to the Lenders Lenders, and the Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall all become immediately and automatically due and payable by the Borrower Borrowers without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Maguire Properties Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(e) or 10.1(g) with respect to the Borrower10.1.(f), (A)(i1) (A) the principal of, and all accrued interest on, the Loans Advances and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B2) all of the Commitments Commitments, and the obligation obligations of the Lenders to make Loans Advances hereunder, shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Unsecured Credit Agreement (CBL & Associates Properties Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the BorrowerCompany, including, but not limited to, the other amounts owed to the Lenders and the Managing Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower Company without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Company and (B) all each of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kind.terminate;

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Washington Real Estate Investment Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections Section 10.1(f) or Section 10.1(g) with respect to the Borrower), (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the BorrowerObligations, including, but not limited to, the other amounts owed to the Lenders (and any Affiliate thereof) and the Administrative Agent under this Agreement, the Notes or Notes, any of the other Loan Documents or the Fee Letters shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and the other Loan Parties, and (B2) all of the Commitments and the obligation of the Lenders (including any commitment to make Loans any Additional Loan) shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Colonial Realty Limited Partnership)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (U-Store-It Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (HRPT Properties Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 9.1.(e) or 10.1(g) with respect to the Borrower9.1.(f), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Credit Agreement (U-Store-It Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f9.1.(e) or 10.1(g) with respect to the Borrower9.1.(f), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Pennsylvania Real Estate Investment Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections Section 10.1(f) or 10.1(g) with respect to the Borrower), (A)(iA) (i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(iA) (i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Interim Loan Agreement (Hospitality Properties Trust)

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Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g11.1.(f) with respect to the BorrowerBorrower or the Parent, (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, (B) [reserved] and (iiC) all of the other Obligations of the BorrowerObligations, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower on behalf of itself and the other Loan Parties, and (B2) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (NETSTREIT Corp.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Colonial Properties Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1(e) or 10.1(g) with respect to the Borrower11.1(f), (A)(iA)(1) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii2) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Loan Agreement (Chesapeake Lodging Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the BorrowerBorrowers, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower Borrowers without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrowers and (B) all of the Commitments and Commitments, the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Credit Agreement (Lexington Master Limited Partnership)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(e) or 10.1(g) with respect to the Borrower10.1.(f), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent Lender under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments credit facility established hereby and the obligation of the Lenders Lender to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Pledge Agreement (Physicians Specialty Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and LEGAL02/36006473v7 payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Corporate Office Properties, L.P.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 11.1(f) or 10.1(g) with respect to the Borrower11.1(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Term Notes at the time outstanding outstanding, and (ii) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Term Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and Commitments, the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Credit Agreement (National Storage Affiliates Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f9.1.(e) or 10.1(g) with respect to the Borrower9.1.(f), (A)(iA)(1) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii2) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(f) or 10.1(g) with respect to the Borrower11.1.(g), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Kite Realty Group Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(ii) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Credit Agreement (Sl Green Realty Corp)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders Lenders, and the Agent under this Agreement, the Notes or any of the other Loan Documents Documents, shall all become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Credit Agreement (Maguire Properties Inc)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Corporate Office Properties, L.P.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all on behalf of the Commitments itself and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kind.other Loan Parties and

Appears in 1 contract

Samples: Term Loan Agreement (RLJ Lodging Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f3.5(b), 11.1(e) or 10.1(g) with respect to the Borrower11.1(f), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the BorrowerObligations, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all on behalf of the Commitments itself and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindother Loan Parties.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Hudson Pacific Properties, L.P.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B) all of the Commitments and the any obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Mezzanine Credit Agreement (NNN Apartment REIT, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the LEGAL02/38482536v6 time outstanding and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Corporate Office Properties, L.P.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower), (A)(i) the principal of, and all accrued interest on, the Loans Term Loan and the Notes at the time outstanding outstanding, and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B) all of the Commitments and the obligation of the Lenders to make Loans the Term Loan, shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Wells Real Estate Investment Trust Ii Inc)

Automatic. Upon the occurrence of an Event of Default specified --------- in Sections 10.1(f11.1.(f) or 10.1(g) with respect to the Borrower11.1.(g), (A)(iA) the principal of, and all accrued interest on, the Loans Loan and the Notes at the time outstanding outstanding, and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Administrative Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Federal Realty Investment Trust)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) with respect to the Borrower, (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and outstanding, (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (BC) all of the any Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Columbia Property Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(iA) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 10.1.(f) or 10.1(g) with respect to the Borrower10.1.(g), (A)(i) the principal of, and all accrued interest on, the Loans Loan and the Notes Note at the time outstanding outstanding, and (ii) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders Lender and the Agent under this Agreement, the Notes Note or any of the other Loan Credit Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindBorrower.

Appears in 1 contract

Samples: Credit Agreement (St Joe Co)

Automatic. Upon the occurrence of an Event of Default specified in Sections Section 10.1(f) or 10.1(g) with respect to the Borrower), (A)(i) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding outstanding, and (iiiii) all of the other Obligations (other than obligations in respect of the BorrowerDerivatives Contracts), including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower and (B) all of the Commitments and the obligation of the Lenders to make Loans shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

Automatic. Upon the occurrence of an Event of Default specified in Sections 10.1(fSection 11.1.(e) or 10.1(g) with respect to the Borrower11.1.(f), (A)(i1)(A) the principal of, and all accrued interest on, the Loans and the Notes at the time outstanding and (iiB) all of the other Obligations of the Borrower, including, but not limited to, the other amounts owed to the Lenders and the Agent under this Agreement, the Notes or any of the other Loan Documents shall become immediately and automatically due and payable by the Borrower without presentment, demand, protest, or other notice of any kind, all of which are expressly waived by the Borrower Borrower, and (B2) all of the Commitments and the obligation of the Lenders to make Loans hereunder shall all immediately and automatically terminate without demand or notice of any kindterminate.

Appears in 1 contract

Samples: Term Loan Agreement (Keystone Property Trust)

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