Agreement to Lend and Borrow. Subject to and upon the terms and conditions set forth herein, Lender hereby agrees to make the Loan to Borrower and Borrower hereby accepts the Loan from Lender. Borrower shall receive only one borrowing hereunder in respect of the Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed.
Appears in 9 contracts
Samples: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc)
Agreement to Lend and Borrow. Subject to and upon the terms and conditions set forth herein, Lender hereby agrees to make the Loan to Borrower make, and Borrower hereby accepts agrees to borrow, the Loan from Lenderpursuant to the terms set forth herein. Borrower shall receive only one borrowing hereunder in respect of the Loan and any Any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowedre-borrowed.
Appears in 1 contract
Samples: Loan Agreement (First Capital Real Estate Trust Inc)