Funds to Complete. If it appears at any one time the cost to construct the Improvements ("Construction Costs") will exceed the net amount available from this Loan, the Lender may, at its option, and as a condition of any further advance, require the Borrower upon demand to deposit with the Lender sufficient funds which, together with the net amount available from the Loan proceeds, will be sufficient to pay all Construction Costs.
Appears in 2 contracts
Sources: Construction Loan Agreement, Construction Loan Agreement