Common use of Release Procedure Clause in Contracts

Release Procedure. Borrower shall provide Bank with a fully prepared request for partial release for the Construction Parcel or any Release Parcel to be released, together with the items described in Section 15.1, 15.2 and 15.3 not less than ten (10) Business Days prior to the requested release date.

Appears in 1 contract

Sources: Development Loan Agreement (Concepts Direct Inc)

Release Procedure. Borrower shall provide Bank with a fully prepared request for partial release for the Construction Parcel or any Release Development Parcel to be released, together with the items described in Section 15.1, 15.2 10.1 and 15.3 10.2 not less than ten (10) Business Days prior to the requested release date.

Appears in 1 contract

Sources: Construction Loan Agreement (Concepts Direct Inc)