Examples of Real Estate Advance in a sentence

The entire principal balance and all accrued but unpaid interest on the Real Estate Advance shall be due and payable on the Real Estate Maturity Date.
Borrower shall deliver to Bank a promissory note for the Real Estate Advance in substantially the form attached hereto as Exhibit B-3.
On the fifth day of each of each until the Real Estate Maturity Date, Borrower shall repay the Real Estate Advance in equal installments of principal and interest as prescribed by Bank.
Subject to and upon the terms and conditions of this Agreement, a Bank has made one Real Estate Advance to Borrower (recorded as loan number 288-000072-0), and the aggregate principal amount of such Real Estate Advance is three million five hundred thirty six thousand six hundred seventy nine dollars and seventy eight cents ($3,536,679.78).
Bank may enforce its rights in respect of the Real Estate Advance under this Agreement without such note.

More Definitions of Real Estate Advance

Real Estate Advance has the meaning specified in Section 2.6(b).

Real Estate Advance means any advance made hereunder based on the Real Estate Borrowing Base described in Section 2.1(d) hereof of any Property covered by the Mortgage.

Real Estate Advance has the meaning given to it in SECTION 2.6.

Real Estate Advance. RATE" means 60%.

Real Estate Advance means $10,000,000.

Real Estate Advance means Advances made by the Lender Group to Borrowers due to the "Real Estate Advance Amount" portion of the Borrowing Base.

Real Estate Advance means Credit Extensions of up to the lesser of Thirteen Million Dollars ($13,000,000) or 70% of the appraisal value of the Real Estate.