Common use of Factual Background Clause in Contracts

Factual Background. 1. The UDF Funds invest, or will invest, in the acquisition of land and development of single-family lots, construction of single-family homes and model homes, and/or the acquisition of model homes and finished lots utilizing a diverse range of capital structures such as equity investments, joint venture participations, mezzanine loans, subordinated loans and senior loans.

Appears in 2 contracts

Samples: Allocation Policy Agreement (United Development Funding Income Fund V), Allocation Policy Agreement (United Development Funding Income Fund V)

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Factual Background. 1. The UDF Funds invest, or will invest, in the acquisition of land and development of single-family lots, construction of single-family homes and model homes, and/or and the acquisition of model homes and finished lots utilizing a diverse range of capital structures such as equity investments, joint venture participations, mezzanine loans, subordinated loans and senior loans.

Appears in 2 contracts

Samples: Participation Agreement (United Development Funding IV), Participation Agreement (United Development Funding IV)

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