Common use of Permanent Financing Clause in Contracts

Permanent Financing. The financing to (i) acquire Properties and to make Loans or other Permitted Investments; (ii) pay of any Acquisition Fees arising from any Permanent Financing; and (iii) refinance outstanding amounts on the Line of Credit. Permanent financing may be in addition to any borrowing under the Line of Credit.

Appears in 1 contract

Sources: Advisory Agreement (CNL Income Properties Inc)

Permanent Financing. The financing to (i) acquire Properties and to make Mortgage Loans or other Permitted Investments; (ii) pay of any Acquisition Fees arising from any Permanent Financing; and (iii) refinance outstanding amounts on the Line of Credit. Permanent financing may be in addition to any borrowing under the Line of Credit.

Appears in 1 contract

Sources: Advisory Agreement (CNL Hospitality Properties II, Inc.)

Permanent Financing. The financing to (i) acquire Properties and to make Loans or other Permitted Investments; (ii) pay of off any Acquisition Fees arising from any Permanent Financing; and (iii) refinance outstanding amounts on the Line of Credit. Permanent financing may be in addition to any borrowing under the Line of Credit.

Appears in 1 contract

Sources: Advisory Agreement (CNL Lifestyle Properties Inc)