Limitations on Right to Convert. The right of the Borrower to convert all or a portion of the Revolving Facility Commitment to the Base Facility Commitment is subject to the following limitations: (a) Closing Date. The Closing Date shall occur during the Base Facility Availability Period.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Walden Residential Properties Inc)
Limitations on Right to Convert. The Borrower's right of the Borrower to convert all or a any portion of the Revolving Variable Facility Commitment to the Base Fixed Facility Commitment is subject to the following limitations:
(a) Closing Date. The Closing Date shall occur during the Base Fixed Facility Availability Period.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Sunrise Assisted Living Inc)