Common use of Loan Commitment Satisfied Clause in Contracts

Loan Commitment Satisfied. Borrower and Lender agree that the obligations of Lender under any loan commitment providing for the extension of credit to Borrower with respect to the Property are satisfied by Lender’s execution and delivery of the Loan Documents. This Agreement supersedes any loan commitment letter.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Hartman vREIT XXI, Inc.)