Rate Confirmation. Within one (1) Business Day after receipt of the Rate Form, Lender shall obtain a commitment from ▇▇▇▇▇▇ ▇▇▇ (“▇▇▇▇▇▇ ▇▇▇ Commitment”) for the purchase of the proposed Additional Loan having the terms described in the related Rate Form. Lender shall then complete and sign the Rate Form thereby confirming the amount, term, Cash Interest Rate, Fixed Loan Fee and Closing Date for the Additional Loan and shall immediately deliver by facsimile transmission (or via electronic mail in PDF format) the Rate Form to the applicable Collateral Pool Borrower to be countersigned.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Archstone Smith Operating Trust)
Rate Confirmation. Within one (1) Business Day after receipt of the Rate Form, Lender shall obtain a commitment from ▇F▇▇▇▇▇ ▇M▇▇ (“▇F▇▇▇▇▇ ▇M▇▇ Commitment”) for the purchase of the proposed Additional Loan Advance having the terms described in the related Rate Form. Subject to the limitations set forth in the Rate Form, Lender shall then complete and sign countersign the Rate Form thereby confirming the amount, term, Cash Interest Rate, Fixed Loan Fee the Facility Fee, and Closing Date for the Additional Loan Advance and shall immediately deliver by facsimile transmission (or via electronic mail in PDF format) the Rate Form to the applicable Collateral Pool Borrower to be countersignedBorrower.
Appears in 1 contract
Sources: Master Credit Facility Agreement (Emeritus Corp\wa\)