Off-site Materials. Lender shall not be obligated to approve, and Lender shall not be obligated to fund, any Advance covering in whole or in part any equipment or materials not stored at the Project without the prior approval of Lender, which approval shall be in Lender’s sole discretion.
Appears in 4 contracts
Sources: Construction Loan Agreement (United Development Funding IV), Construction Loan Agreement (United Development Funding IV), Construction Loan Agreement (United Development Funding IV)