Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute an “Event of Default” under this Note, and, accordingly, upon the occurrence of an Event of Default under the Master Agreement, the entire principal amount outstanding hereunder and accrued interest thereon shall at once become due and payable, at the option of the holder hereof.
Appears in 6 contracts
Sources: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Colonial Properties Trust), Master Credit Facility Agreement (Bre Properties Inc /Md/)
Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute an “Event of Default” "EVENT OF DEFAULT" under this Note, and, accordingly, upon the occurrence of an Event of Default under the Master Agreement, the entire principal amount outstanding hereunder and accrued interest thereon shall at once become due and payable, at the option of the holder hereof.
Appears in 2 contracts
Sources: Fixed Facility Note (Sun Communities Inc), Fixed Facility Note (Sun Communities Inc)
Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute an “"Event of Default” " under this Note, and, accordingly, upon the occurrence of an Event of Default under the Master Agreement, the entire principal amount outstanding hereunder and accrued interest thereon shall at once become due and payable, at the option of the holder hereof.
Appears in 2 contracts
Sources: Master Credit Facility Agreement (Bre Properties Inc /Md/), Variable Facility Note (Sun Communities Inc)
Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute an “Event of Default” under this Note, and, accordingly, upon the occurrence of an Event of Default under the Master Agreement, the entire principal amount outstanding hereunder and accrued interest thereon shall at once become due and payable, at the option of the holder hereof.. þ Schedule A Prepayment Premium (required) o Schedule B Modifications to Multifamily Note
Appears in 1 contract
Sources: Master Credit Facility Agreement (Colonial Properties Trust)
Cross-Default with Master Agreement. The occurrence of an Event of Default under the Master Agreement shall constitute an “Event of Default” under this Note, and, accordingly, upon the occurrence of an Event of Default under the Master Agreement, the entire principal amount outstanding hereunder and accrued interest thereon shall at once become due and payable, at the option of the holder hereof.. x Schedule A Prepayment Premium (required) ¨ Schedule B Modifications to Multifamily Note
Appears in 1 contract
Sources: Master Credit Facility Agreement (Bre Properties Inc /Md/)