Common use of Construction Loans Clause in Contracts

Construction Loans. Secured loans from time to time made by the Company to various borrowers the proceeds of which are designated for the construction of Health Care Facilities or for the acquisition of real estate and the construction thereon of Health Care Facilities.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Universal Health Realty Income Trust), Revolving Credit Agreement (Universal Health Realty Income Trust)