Common use of Unrestricted Cash and Cash Equivalents Clause in Contracts

Unrestricted Cash and Cash Equivalents. As of any date of determination, the sum of (a) the aggregate amount of Unrestricted cash and (b) the aggregate amount of Unrestricted Cash Equivalents (valued at fair market value). As used in this definition, “Unrestricted” means the specified asset is not subject to any escrow, reserves or Liens or similar claims of any kind in favor of any Person (other than any statutory right of set off) and is readily available for use by the Parent Borrower or its Wholly Owned Subsidiaries in its discretion. Unused Fee Rate. A per annum rate equal to (a) 0.20% per annum on the actual daily unused amount of the Commitment of such Lender if usage is less than 50%, and (b) 0.15% per annum on the actual daily unused amount of the Commitment of such Lender if usage is greater than or equal to 50%.

Unrestricted Cash and Cash Equivalents. As of any date of determination, the sum of (a) the aggregate amount of Unrestricted cash Cash and (b) the aggregate amount of Unrestricted Cash Equivalents (valued at fair market value). As used in this definition, “Unrestricted” means the specified asset is not subject to any escrow, reserves or Liens or similar claims of any kind in favor of any Person (other than any statutory right of set off) and is readily available for use by the Parent Borrower or its Wholly Owned Subsidiaries in its discretion). Unused Fee Rate. A per annum rate equal to (a) 0.20.25% per annum on the actual daily unused amount of the Commitment of such Lender if usage is less than or equal to 50%, and (b) 0.15at .20% per annum on the actual daily unused amount of the Commitment of such Lender if usage is greater than or equal to 50%.

Unrestricted Cash and Cash Equivalents. As of any date of determination, the sum of (a) the aggregate amount of Unrestricted cash and (b) the aggregate amount of Unrestricted Cash Equivalents (valued at fair market value). As used in this definition, “Unrestricted” means the specified asset is not subject to any escrow, reserves or Liens or similar claims of any kind in favor of any Person (other than any statutory right of set off) and is readily available for use by the Parent Borrower or its Wholly Owned Subsidiaries in its discretion. Unused Fee Rate. A per annum rate equal to (a) 0.20.25% per annum on the actual daily unused amount of the Commitment of such Lender if usage is less than 50%, and (b) 0.15.20% per annum on the actual daily unused amount of the Commitment of such Lender if usage is greater than or equal to 50%.

Unrestricted Cash and Cash Equivalents. As of any date of determination, the sum of (a) the aggregate amount of Unrestricted cash and (b) the aggregate amount of Unrestricted Cash Equivalents (valued at fair market value). As used in this definition, “Unrestricted” means the specified asset is not subject to any escrow, reserves or Liens or similar claims of any kind in favor of any Person (other than any statutory right of set off) and is readily available for use by the Parent Borrower or its Wholly Owned Subsidiaries in its discretion, and shall exclude any tenant security and similar restricted deposits. Unused Fee Rate. A per annum rate equal to (a) 0.200.30% per annum on the actual daily unused amount of the Total Commitment of such Lender if usage is less than 50%% of the Total Commitment, and (b) 0.150.25% per annum on the actual daily unused amount of the Total Commitment of such Lender if usage is greater than or equal to 50%% of the Total Commitment.