Common use of Interest Rate Protection Agreement Clause in Contracts

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.8, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 5 contracts

Samples: Project Loan Agreement (Hersha Hospitality Trust), Term Loan Agreement (Hersha Hospitality Trust), Loan Agreement (Behringer Harvard Opportunity REIT II, Inc.)

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Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made (or will make concurrently with the funding of the Loan) all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions conditions. (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.82.8 hereof, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 2 contracts

Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.8, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Hersha Hospitality Trust)

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or and (ii) any other interest rate protection agreement entered into pursuant to Section 2.8, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, of an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.82.8 hereof, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 1 contract

Samples: Loan Agreement (Condor Hospitality Trust, Inc.)

Interest Rate Protection Agreement. As of the date hereof, Borrower has Borrowers have entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, of an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.82.8 hereof, being referred to herein as the "Interest Rate Protection Agreement"):

Appears in 1 contract

Samples: Loan Agreement (Parking REIT, Inc.)

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions conditions. (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.82.8 hereof, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

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Interest Rate Protection Agreement. As of the date hereof, ---------------------------------- Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions conditions. (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.8, being referred to herein as the "Interest Rate Protection Agreement”Agreement "):

Appears in 1 contract

Samples: Loan Agreement (Konover Property Trust Inc)

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.8, being referred to herein as the “Interest Rate Protection Agreement”):23 71215191

Appears in 1 contract

Samples: _______________________________________________________________ Loan Agreement (Strategic Realty Trust, Inc.)

Interest Rate Protection Agreement. As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.82.8 hereof, being referred to herein as the “Interest Rate Protection Agreement”):

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

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