Notice of Applicable Interest Rate Conversion. Agent shall promptly notify each Lender upon its receipt of notice from Borrower pursuant to Section 2.3(c) electing to convert to an Applicable Interest Rate.
Appears in 2 contracts
Sources: Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Sunstone Hotel Investors, Inc.)
Notice of Applicable Interest Rate Conversion. Agent shall promptly notify each Lender upon its receipt of notice from Borrower pursuant to Section 2.3(c) or (e) hereof electing to convert to an Applicable Interest Rate.
Appears in 2 contracts
Sources: Loan Agreement (Gramercy Capital Corp), Loan Agreement (Interstate Hotels & Resorts Inc)
Notice of Applicable Interest Rate Conversion. Agent shall promptly notify each Lender upon its receipt of notice from Borrower pursuant to Section 2.3(c) or (e) hereof electing to convert to an Applicable Interest Rate.. ________________________________________________________________________________________________________________________
Appears in 1 contract
Sources: Loan Agreement (KBS Real Estate Investment Trust, Inc.)