Examples of Total Construction Loan Commitment in a sentence
The aggregate principal amount of all Construction Loans made by the Lender shall not exceed Eight Million Dollars ($8,000,000) (the "Total Construction Loan Commitment").
Milgram himself repeated the procedure on similar subjects outside of the Yale setting, on unpaid college student volunteers, and on women subjects, and he found similar results each time.In addition, he expanded further on his findings in this study by conducting a series of related experiments designed to reveal the conditions that promote or limit obedience (see Milgram, 1974).
For so long as a Project is an Approved Project hereunder, such Project's Allocated Portion of the Total Construction Loan Commitment may be used for Borrowings of Construction Loans for all Approved Projects in accordance with the terms hereof.
The Total Term Loan Commitment shall be automatically reduced pro rata with any reduction of the Total Construction Loan Commitment.
Subject to the terms and conditions set forth in this Agreement, Lender agrees to advance to Borrower from time to time during the Construction Loan Availability Period such loans as Borrower may request under this Section 2.1(a) (individually, a "Construction Loan" and collectively the "Construction Loans"), in an aggregate principal amount not to exceed the Total Construction Loan Commitment.
A Project's Allocated Portion of the Total Construction Loan Commitment cannot be used for Borrowings of Construction Loans unless and until such Project becomes an Approved Project in accordance with the terms hereof.
Once reduced or canceled, the Total Construction Loan Commitment may not be increased or reinstated.
Borrower may, from time to time upon five Banking Days written notice to Agent, permanently reduce, by an amount of $1,000,000 or an integral multiple of $100,000 in excess thereof or cancel in its entirety the Total Construction Loan Commitment.
Such amount shall be further reduced by the amount elected by Borrower pursuant to Section 2.2.2. The amount of Construction Loans as determined pursuant to Section 2.2.1(a) shall be referred to herein as the "Total Construction Loan Commitment").
Notwithstanding anything that may be construed to the contrary in this Agreement, the aggregate principal amount of all Construction Loans made by the Lenders shall not exceed the lesser of (i) $466,500,000 and (ii) if such total amount is reduced by Borrower pursuant to Section 2.3.3, such lower amount (such amount, so reduced from time to time, the "Total Construction Loan Commitment").