Construction Loan Agreement. 4 Contractor...............................................................................................4
Construction Loan Agreement. The term “Construction Loan Agreement” shall mean that certain loan agreement part of the Construction Loan Documents.] [IF APPLICABLE]
Construction Loan Agreement. The Loan evidenced by the Note and secured by this Mortgage is to be disbursed in accordance with the terms and provisions of the Loan Agreement. The Note, this Mortgage and the Loan Agreement shall always be taken and read together as constituting parts of one transaction. All sums disbursed pursuant to the terms of the Loan Agreement shall be secured by this Mortgage with the same priority as if advanced on the date hereof. Mortgagor shall fully, duly and promptly discharge each and every of its agreements contained in the Loan Agreement and comply with, abide by and perform all of the provisions and conditions thereof.
Construction Loan Agreement. 2. Deed of Trust Security Instrument, Security Agreement, Fixture Filing and Assignment of Leases and Rents
Construction Loan Agreement. The (i) $_________ Acquisition and Project Loan Agreement and (ii) $_________ Building Loan Agreement, each dated as of _________ ___, 200___, among Borrower, the Lenders parties thereto, and Eurohypo, AG, New York Branch, as Administrative Agent
Construction Loan Agreement. The Loan Fee to convert to a permanent loan in accordance with the terms of the Note is increased from $8,440.00 to $9,750.00.
Construction Loan Agreement. (E) If reasonably required by Lender, at Borrower’s sole cost and expense, Lender shall have obtained a report in form and content acceptable to Lender in its reasonable discretion from an independent cost engineer validating the cost adequacy of the applicable Project;
Construction Loan Agreement. 8.1.8 A final judgment or decree for monetary damages or a monetary fine or penalty (not subject to appeal or as to which the time for appeal has expired) is entered against Borrower by any Governmental Authority, which together with the aggregate amount of all other such judgments, decrees, fines and penalties against Borrower that remain unpaid or that have not been discharged or stayed, exceeds One Million Dollars ($1,000,000.00) or would otherwise in Lender’s reasonable judgment constitute a Material Adverse Change on Borrower or any Project, and such judgment, decree, fine or penalty is not paid, discharged or stayed within thirty (30) days after the entry thereof.
Construction Loan Agreement. Prior to the disbursement of any finds for the renovation of the Project, Huntington and Borrower shall enter into a Construction Loan Agreement on the form attached hereto as Exhibit "E". 1.9
Construction Loan Agreement. The Lender shall have received --------------------------- counterparts of the Construction Loan Agreement, duly executed and delivered by the Limited Partnership, GEPFC and the lenders parties thereto.
