Common use of City Loan Clause in Contracts

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $11,600,000, of which ten percent (10%) is to be retained until Conversion, subject to the following:

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $11,600,00017,160,000, of which ten percent (10%) is to be retained until Conversioncompletion of Initial Lease Up, subject to the following:

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $11,600,0005,000,000, of which ten percent (10%) is to be retained until Conversioncompletion of Initial Lease Up, subject to the following:

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $11,600,0003,000,000, of which ten percent (10%) is to be retained until ConversionCompletion, subject to the following: