Variable Advances. The Coupon Rate shall equal the sum of (1) an interest rate as determined by Lender (rounded to three places) payable for the MBS pursuant to the MBS Commitment ("MBS Imputed Interest Rate") and (2) the Variable Facility Fee.
Appears in 4 contracts
Sources: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Bre Properties Inc /Md/), Master Credit Facility Agreement (Sunrise Assisted Living Inc)
Variable Advances. The Coupon Rate applicable to Variable Advances shall equal the sum of (1) an imputed interest rate as determined by Lender (rounded to three places) payable for the MBS pursuant to the MBS Commitment ("βMBS Imputed Interest Rate"β) and (2) the Variable Facility Fee.
Appears in 1 contract
Sources: Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc)