Common use of Effective Rate Clause in Contracts

Effective Rate. The “Effective Rate” upon which interest shall be calculated for the Loan shall, from and after the Effective Date of this Agreement, be one or more of the following:

Appears in 11 contracts

Sources: Loan Agreement (Howard Hughes Corp), Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Howard Hughes Corp)

Effective Rate. The Provided no Default exists under this Agreement or under any other Loan Document, the “Effective Rate” upon which interest shall be calculated for the Loan shall, from and after the Effective Date of this Agreement, be one or more of the following:

Appears in 3 contracts

Sources: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Effective Rate. The Provided no Default exists under this Agreement, the “Effective Rate” upon which interest shall be calculated for the Loan shall, from and after the Effective Date of this Agreement, be one or more of the following:

Appears in 1 contract

Sources: Building Loan Agreement (Taubman Centers Inc)

Effective Rate. The “Effective Rate” upon which interest shall be calculated for the Loan shall, from and after the Effective Date of this AgreementDate, be one or more of the following:

Appears in 1 contract

Sources: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)