Loan Disbursements. The words "Loan Disbursements" or "Loan Disbursement" shall mean and refer to any and all advancement of funds under the Loan Documents for the development Purpose stated, after all conditions precedent thereto have been met and satisfied as determined by the Lender.
Appears in 2 contracts
Samples: Modification Agreement (Comstock Homebuilding Companies, Inc.), Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.)
Loan Disbursements. The words "Loan Disbursements" or "Loan Disbursement" shall mean and refer to any and all advancement of acquisition and/or construction funds under the Loan Documents for the development Purpose stated, after all conditions precedent thereto have been met and satisfied as determined by the Lender.
Appears in 2 contracts
Samples: Disbursement and Development Loan Agreement (Comstock Homebuilding Companies, Inc.), Modification Agreement (Comstock Homebuilding Companies, Inc.)
Loan Disbursements. The words "Loan Disbursements" or "Loan Disbursement" shall mean and refer to any and all advancement of refinance and/or development funds under the Loan Documents for the development Purpose stated, after all conditions precedent thereto have been met and satisfied as determined by the Lender.
Appears in 1 contract
Samples: , Development and Disbursement Loan Agreement (Interstate General Co L P)
