Advance Schedule. Attached to this Note as Schedule 1 is a list of the Advances made under this Note, any payments applied to reduce principal outstanding under this Note, and the aggregate amount of principal outstanding under this Note prepaid by Lender (the “Advance Schedule”). The Advance Schedule shall be revised by Xxxxxx from time to time and, as so revised, shall be conclusive and binding upon Borrower, absent manifest error.
Appears in 2 contracts
Samples: United Development Funding III, LP, United Development Funding III, LP
Advance Schedule. Attached to this Note as Schedule 1 is a list of the Advances by type made under this Note, any payments applied to reduce principal Principal outstanding under this Note, and the aggregate amount of principal Principal outstanding under this Note prepaid (the "Advance Schedule"). The amount of Principal owing on this Note at any given time shall be equal to (i) the aggregate amount of all Principal advanced by Lender under this Note, minus (ii) all payments made on this Note and applied by Lender to reduce the “Advance Schedule”Principal amount of this Note in accordance with Section 6(c). The Advance Schedule shall be revised by Xxxxxx from time to time and, as so revised, shall be conclusive and binding upon Borrower, absent manifest errorappropriate.
Appears in 1 contract
Samples: United Mortgage Trust
Advance Schedule. Attached to this Note as Schedule 1 is a list of the Advances by type made under this Note, any payments applied to reduce principal Principal outstanding under this Note, and the aggregate amount of principal Principal outstanding under this Note prepaid by Lender (the “Advance Schedule”). The amount of Principal owing on this Note at any given time shall be equal to (i) the aggregate amount of all Principal advanced by Lender under this Note, minus (ii) all payments made on this Note and applied by Lender to reduce the Principal amount of this Note in accordance with Section 6(c). The Advance Schedule shall be revised by Xxxxxx from time to time and, as so revised, shall be conclusive and binding upon Borrower, absent manifest errorappropriate.
Appears in 1 contract
Samples: United Development Funding III, LP