Use of Advances. All Advances shall be used to pay or reimburse the Permitted Expenses incurred by Borrower in connection with the acquisition, development, marketing and operation of the Project and the other normal business activities of Borrower.
Appears in 4 contracts
Samples: Construction Loan Agreement (William Lyon Homes), Construction Loan Agreement (William Lyon Homes), Credit Loan Agreement (William Lyon Homes)
Use of Advances. All Advances shall be used to pay or reimburse the Permitted Expenses incurred by Borrower in connection with the acquisition, development, marketing and operation of the Project and the other normal business activities of BorrowerProject.
Appears in 1 contract
Use of Advances. All Advances shall be used to pay or reimburse the Permitted Expenses incurred by Borrower in connection with the acquisition, development, marketing and operation of the Project and the other normal business activities of Borrower.
Appears in 1 contract
