Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 6 contracts
Sources: Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments Commitments, the aggregate principal amount of all outstanding Revolving Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 4 contracts
Sources: Credit Agreement (Select Income REIT), Closing Agreement (Select Income REIT), Credit Agreement (Government Properties Income Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, and the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effectCredit, if immediately after the making of such Loan, Loan or the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Revolving Loans, together with the aggregate amount of all Letter of Credit LiabilitiesLiabilities and all Swingline Loans, would exceed the aggregate amount of the Commitments at such time.
Appears in 4 contracts
Sources: Credit Agreement, Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, the and no Issuing Banks Bank shall not be required to issue a any Letter of Credit and no reduction of the Revolving Credit Commitments pursuant to Section 2.11. 2.12 shall take effect, if immediately after the making of such Loan, the Loan or issuance of such Letter of Credit or such reduction in the Revolving Credit Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such timeMaximum Loan Availability.
Appears in 4 contracts
Sources: Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Revolving Loans and Swingline Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 3 contracts
Sources: Credit Agreement (Chambers Street Properties), Credit Agreement (Parkway Properties Inc), Credit Agreement (Parkway Properties Inc)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. 2.13 shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments Commitments, the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Ps Business Parks, Inc./Md), Revolving Credit Agreement (Ps Business Parks Inc/Ca), Revolving Credit Agreement (Ps Business Parks Inc/Ca)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, and the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effectCredit, if immediately after the making of such Loan, Loan or the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Revolving Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 3 contracts
Sources: Credit Agreement (NNN Reit, Inc.), Credit Agreement (National Retail Properties, Inc.), Credit Agreement (National Retail Properties, Inc.)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, the and no Issuing Banks Bank shall not be required to issue a any Letter of Credit and no reduction of the Revolving Credit Commitments pursuant to Section 2.112.12. shall take effect, if immediately after the making of such Loan, the Loan or issuance of such Letter of Credit or such reduction in the Revolving Credit Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such timeMaximum Loan Availability.
Appears in 2 contracts
Sources: Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 2 contracts
Sources: Credit Agreement (Hospitality Properties Trust), Credit Agreement (Senior Housing Properties Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.112.10. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments Commitments, the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the lesser of (i) the aggregate amount of the Commitments at such time and (ii) the Borrowing Base at such time.
Appears in 1 contract
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. 2.12 shall take effect, if immediately after the making of such Loan (and the application of the proceeds of such Loan), the issuance of such Letter of Credit or such reduction in the Commitments Commitments, the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Revolving Credit LiabilitiesExposures, would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Sources: Revolving Credit Agreement (Piedmont Office Realty Trust, Inc.)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the any Commitments pursuant to Section 2.11. 2.11 shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit Loan or such reduction in the Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Loans and Letter of Credit Liabilities, Liabilities would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, and the Issuing Banks Bank shall not be required to issue a Letter of Credit Credit, and no reduction of the Revolving Commitments pursuant to Section 2.11. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments Revolving Commitments, the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such timeCommitments.
Appears in 1 contract
Sources: Credit Agreement (Excel Trust, Inc.)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, the no Issuing Banks Bank shall not be required to issue a Letter of Credit Credit, and no reduction of the Commitments pursuant to Section 2.11. 2.15 shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments Commitments, the aggregate principal amount of all outstanding Loans, Loans together with the aggregate amount of all Letter of Credit Liabilities, Liabilities would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, nor shall the Issuing Banks shall not Bank be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.11. shall take effectCredit, if immediately after the making of such Loan, or the issuance of such Letter of Credit or such reduction in the Commitments if the aggregate principal amount of all outstanding Revolving Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit Credit, and no reduction of the Commitments pursuant to Section 2.112.14. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in of the Commitments Commitments, the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Sources: Credit Agreement (Pennsylvania Real Estate Investment Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Commitments pursuant to Section 2.112.13. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Sources: Credit Agreement (Washington Real Estate Investment Trust)
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a any Loan, the Issuing Banks Bank shall not be required to issue a Letter of Credit Credit, and no reduction of the Commitments pursuant to Section 2.11. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Commitments the aggregate principal amount of all outstanding Loans, together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Commitments at such time.
Appears in 1 contract
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the Issuing Banks shall not be required to issue a Letter of Credit and no reduction of the any Commitments pursuant to Section 2.11. 2.11 shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit Loan or such reduction in the Commitments the aggregate principal amount of all outstanding Loans, together with Loan Exposure exceed the aggregate amount lesser of all Letter of Credit Liabilities, would exceed (a) the aggregate amount of the Commitments at such time or (b) Availability at such time.
Appears in 1 contract
Amount Limitations. Notwithstanding any other term of this Agreement or any other Loan Document, no Lender shall be required to make a Loan, the no Issuing Banks Bank shall not be required to issue a Letter of Credit and no reduction of the Revolving Commitments pursuant to Section 2.112.13. shall take effect, if immediately after the making of such Loan, the issuance of such Letter of Credit or such reduction in the Revolving Commitments the aggregate principal amount of all outstanding Loans, Revolving Loans together with the aggregate amount of all Letter of Credit Liabilities, would exceed the aggregate amount of the Revolving Commitments at such time.
Appears in 1 contract
Sources: Credit Agreement (NETSTREIT Corp.)