Construction Loans definition
Construction Loans means secured loans from time to time made by the Company or any of its Consolidated Subsidiaries to various borrowers the proceeds of which are designated for the construction of Health Care Facilities or for the acquisition of real estate and the construction thereon of Health Care Facilities.
Construction Loans shall have the meaning assigned to such term in Section 2.01(a).
Construction Loans has the meaning set forth in Section 2.1(c) of this Credit Agreement.
Examples of Construction Loans in a sentence
No Member shall have any right to make Equity Contributions to the Company other than as expressly provided in this Agreement; provided that, for the purposes of this Section 3.9, the determination that Construction Loans are Available Loans and/or Unavailable Loans shall not be based primarily on cost or other economic terms of such Construction Loans.
More Definitions of Construction Loans
Construction Loans means financing obtained by Borrower, Guarantor or a Special Purpose Entity to finance the costs set forth in the Real Estate Asset Budget Amount for the construction of a Real Estate Asset.
Construction Loans means Mortgage Loans made to finance the construction of buildings and other improvements on land and may include the financing of all or part of the cost of the acquisition, of such land (including leaseholds therein).
Construction Loans means the loans made hereunder in accordance with the provisions of Section 2.1(a), whether made as a Eurodollar Loan or an Alternate Base Rate Loan, as permitted hereby.
Construction Loans shall have the meaning provided in Section 2.1(a) of this Agreement.
Construction Loans means the construction loans made by the Lenders to the Borrower pursuant to Section 2.01(a).
Construction Loans means the loan(s) obtained by CBL for the Company from a lender of the funds necessary to (i) proceed with construction of Phase One and/or Future Phases and (ii) to fund any interim or bridge loan required in order to secure public financing for on or off-site improvements, including but not limited to tax incremental financing or transportation development districts or similar governmental/public financing programs in connection with the development of the Project. A Member may act as the lender of the Construction Loan as provided in Section 3.04(a), and subject to Section 5.03(vii), below.
Construction Loans means (a) temporary construction loans, and (b) permanent loans, the proceeds of which are to be disbursed during construction of a dwelling on the