Common use of Agent Loans Clause in Contracts

Agent Loans. Agent Loans shall be repaid pursuant to the terms of the respective partnership agreement as third party loans of the Partnerships to which a loan was made. Notwithstanding Section 2.3(v) of this Services Agreement, Agent Loans shall be repaid prior to the Existing Loans.

Appears in 3 contracts

Sources: Services Agreement (Winthrop Residential Associates I), Services Agreement (Presidential Associates I LTD Partnership), Services Agreement (Winthrop Residential Associates Iii)