Application of Advances. Borrower shall disburse all Advances for payment of costs and expenses specified in the Approved Budget, and for no other purpose.
Appears in 8 contracts
Samples: Loan Agreement (Lakes Entertainment Inc), Construction Loan Agreement (Campus Crest Communities, Inc.), Construction Loan Agreement (Campus Crest Communities, Inc.)
Application of Advances. Borrower shall disburse apply all Advances for payment reimbursement of costs and expenses specified in the Approved Budget, and for no other purpose.
Appears in 3 contracts
Samples: Construction Loan Agreement (Silverleaf Resorts Inc), Acquisition and Construction Loan Agreement (Mego Financial Corp), Loan Agreement (Mego Financial Corp)
Application of Advances. Borrower shall disburse all Advances for payment of costs and expenses specified in the Approved Budget, Budget and for no other purpose.
Appears in 2 contracts
Samples: Construction Loan Agreement (Micropac Industries Inc), Construction Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
Application of Advances. Borrower shall disburse all Advances for payment of costs and expenses specified in the Approved Budget, as may be modified from time to time hereunder, and for no other purpose.
Appears in 2 contracts
Samples: Disbursement Agreement (Campus Crest Communities, Inc.), Secured Construction Loan Agreement (Campus Crest Communities, Inc.)
Application of Advances. Borrower shall disburse all Advances for payment of costs and expenses specified in the Approved Budget, and for no other purposepurpose unless approved in writing by Lender.
Appears in 1 contract
Samples: Loan Agreement (Aqua Metals, Inc.)
