Common use of Maximum Principal Amount Secured Clause in Contracts

Maximum Principal Amount Secured. Notwithstanding anything to the contrary contained in this Mortgage, the maximum amount of principal indebtedness secured by this Mortgage or which under any contingency may be secured by this Mortgage is the Secured Amount as set forth in the Recitals above.

Appears in 4 contracts

Sources: Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Term Loan Agreement (Hersha Hospitality Trust), Senior Unsecured Credit Agreement (LaSalle Hotel Properties)

Maximum Principal Amount Secured. Notwithstanding anything to the contrary contained in this Mortgage, the maximum amount of principal indebtedness secured by this Mortgage or which under any contingency may be secured by this Mortgage is the Secured Amount as set forth in the Recitals aboveamount of $1,156,741.69.

Appears in 1 contract

Sources: Commercial Mortgage, Security Agreement and Assignment of Leases and Rents (Document Security Systems Inc)