Common use of Notice Irrevocable Clause in Contracts

Notice Irrevocable. Notwithstanding any provision of this Loan Agreement to the contrary, Borrower’s notice of prepayment in accordance with subsection 2.05(b) above shall be irrevocable, and the principal balance to be prepaid shall be absolutely and unconditionally due and payable on or about the date specified in such notice.

Appears in 2 contracts

Samples: Loan Agreement (Resource Real Estate Opportunity REIT, Inc.), Loan Agreement (Macquarie Infrastructure CO LLC)

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Notice Irrevocable. Notwithstanding any provision of this Loan Agreement to the contrary, Borrower’s 's notice of prepayment defeasance in accordance with subsection 2.05(b) above shall be irrevocable, and the principal balance to be prepaid shall be absolutely and unconditionally due and payable on or about the date specified in such notice.

Appears in 2 contracts

Samples: Loan Agreement (Capital Senior Living Corp), Loan Agreement (Corporate Property Associates 16 Global Inc)

Notice Irrevocable. Notwithstanding any provision of this Loan Agreement to the contrary, Borrower’s notice of prepayment defeasance in accordance with subsection 2.05(b) above shall be irrevocable, and the principal balance to be prepaid shall be absolutely and unconditionally due and payable on or about the date specified in such notice.

Appears in 1 contract

Samples: Loan Agreement (Independence Realty Trust, Inc)

Notice Irrevocable. Notwithstanding any provision of this Loan Agreement to the contrary, Borrower’s 's notice of prepayment in accordance with subsection 2.05(b) above shall be irrevocable, and the principal balance to be prepaid shall be absolutely and unconditionally due and payable on or about the date specified in such notice.

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure CO LLC)

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Notice Irrevocable. Notwithstanding any provision of this Loan Agreement to the contrary, Borrower’s notice of prepayment Defeasance in accordance with subsection 2.05(b) above shall be irrevocable, and the principal balance to be prepaid shall be absolutely and unconditionally due and payable on or about the date specified in such notice.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Notice Irrevocable. Notwithstanding any provision of this Loan Agreement to the contrary, Borrower’s 's notice of prepayment in accordance with subsection 2.05(b(a) above shall be irrevocable, and the principal balance to be prepaid shall be absolutely and unconditionally due and payable on or about the date specified in such notice.

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure Assets Trust)

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