Common use of Loan Out of Balance Clause in Contracts

Loan Out of Balance. If, in the sole judgment of the Lender, and determined at any time while the Loans are outstanding, the cost of the Construction increases, the Lessee shall be required to invest the increased amount in the Construction or deposit such increased amount with the Lender in an account pledged to the Lessor as security for the Lease and other Operative Documents in a manner reasonably satisfactory to the Lender or to provide the Lender such other assurances as to the availability of the funds as subject to the Lender's approval prior to any Loan Advance;

Loan Out of Balance. If, in the sole judgment of the Lender, and determined at any time while the Loans are Loan is outstanding, the cost of the Construction increases, the Lessee shall be required to invest the increased amount in the Construction or deposit such increased amount with the Lender in an account pledged to the Lessor as security for the Lease and other Operative Documents in a manner reasonably satisfactory to the Lender or to provide the Lender such other assurances as to the availability of the funds as subject to the Lender's approval prior to any Loan Advance;