Common use of Loan Commitment Clause in Contracts

Loan Commitment. The Borrower acknowledges and agrees that the monies attributable to the Borrower’s Loan Commitment are the property of the Administration and are held by the Administration to provide for advances to be made to the Borrower in accordance with this Agreement or to be otherwise disposed of by the Administration in accordance with this Agreement.

Loan Commitment. The Borrower acknowledges and agrees that the monies attributable to the Borrower’s Loan Commitment are the property of the Administration and are held by the Administration to provide for advances to be made to the Borrower in accordance with this Agreement or Agreement. Without limiting the foregoing, the Borrower acknowledges and agrees that monies attributable to be otherwise disposed the Borrower’s Loan Commitment may at the discretion of by the Administration in accordance with this Agreementbe pledged or applied to the payment of Bonds.

Loan Commitment. The Borrower acknowledges and agrees that the monies attributable to the Borrower’s 's Loan Commitment are the property of the Administration and are held by the Administration to provide for advances to be made to the Borrower in accordance with this Agreement or to be otherwise disposed of by the Administration in accordance with this Agreement.