Stored Materials. Lender shall not be required to disburse any funds for any materials, machinery or other Personal Property not yet incorporated into the Project Improvements (the “Stored Materials”), unless the following conditions are satisfied:
Appears in 5 contracts
Samples: Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust)
Stored Materials. Lender shall not be required to disburse authorize any disbursement of funds for any materials, machinery or other Personal Property not yet incorporated into the Project Improvements (the “Stored Materials”), unless the following conditions are satisfiedsatisfied or waived in writing by Lender:
Appears in 3 contracts
Samples: Loan Agreement (Hard Rock Hotel Holdings, LLC), Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Hard Rock Hotel Holdings, LLC)
Stored Materials. (i) Lender shall not be required to authorize or disburse any funds for any materials, machinery or other Personal Property not yet incorporated into the Project Improvements (the “Stored Materials”), unless the following conditions are satisfied:
Appears in 1 contract
Samples: Loan Agreement (Howard Hughes Corp)
Stored Materials. The Lender shall not be required to disburse any funds for any materials, furnishings, fixtures, machinery or other Personal Property equipment not yet incorporated into the Project Improvements (the “Stored Materials”), unless subject to Retainage, and shall be contingent upon the following conditions are satisfiedLender receiving satisfactory evidence that:
Appears in 1 contract
Samples: Construction Loan Agreement (OneBeacon Insurance Group, Ltd.)
