Common use of Further Disbursements Clause in Contracts

Further Disbursements. Borrower agrees that the Note has been fully disbursed by Lender, and that Lender shall have no further duty or obligation to make any additional advances or disbursements to Borrower under the Note.

Appears in 4 contracts

Samples: Loan Agreement by And (Summit Hotel OP, LP), Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement (Summit Hotel Properties LLC)

AutoNDA by SimpleDocs

Further Disbursements. Borrower agrees that the Note has been fully disbursed by Lender, and that Lender shall have no further duty or obligation to make any additional advances or disbursements to Borrower under the Note.. ING No. 28536

Appears in 1 contract

Samples: Loan Agreement (Summit Hotel Properties, Inc.)

AutoNDA by SimpleDocs

Further Disbursements. Borrower agrees that the Note has A, Note B and Note C have been fully disbursed by Lender, and that Lender shall have no further duty or obligation to make any additional advances or disbursements to Borrower under the Note.Note A, Note B or Note C.

Appears in 1 contract

Samples: Loan Agreement (Great Lakes Reit)

Time is Money Join Law Insider Premium to draft better contracts faster.