Common use of Use of Loan Funds Clause in Contracts

Use of Loan Funds. Borrower shall use the Loan for Rehabilitation costs, consistent with the Approved Rehabilitation Budget. Borrower may not use the Loan proceeds for any other purposes without the prior written consent of the County.

Appears in 2 contracts

Samples: Loan Agreement, CDBG Loan Agreement

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Use of Loan Funds. Borrower shall use the Loan for Rehabilitation rehabilitation costs, consistent with the Approved Rehabilitation Development Budget. Borrower may not use the Loan proceeds for any other purposes without the prior written consent of the County.

Appears in 1 contract

Samples: CDBG Loan Agreement

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Use of Loan Funds. (a) Borrower shall use the Loan for Rehabilitation rehabilitation costs, consistent with the Approved Rehabilitation Development Budget. Borrower may not use the Loan proceeds for any other purposes without the prior written consent of the County.

Appears in 1 contract

Samples: CDBG Loan Agreement

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