Common use of Agreement to Lend and Borrow Clause in Contracts

Agreement to Lend and Borrow. Subject to the terms and conditions of this Agreement, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender the Loan Amount (or such lesser amount as Borrower requests that Lender advance). The Loan proceeds shall be used for the purposes of financing the Property and operating the Project in accordance with this Agreement, and other uses reasonably approved by Lender. All amounts advanced under the Loan and repaid shall not be re-borrowed.

Agreement to Lend and Borrow. Subject to the terms and conditions of this Agreement, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender up to the Loan Amount (or such lesser amount as Borrower requests that Lender advance)Amount. The Loan proceeds shall be used for the purposes of financing acquiring the Property and operating the Project in accordance with this Agreement, and other uses reasonably approved by LenderProjects. All amounts advanced under the Loan and repaid shall not be re-borrowed.

Agreement to Lend and Borrow. Subject to the terms and conditions of this Agreement, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender the Loan Amount (or such lesser amount as Borrower requests that Lender advance). The Loan proceeds shall be used for the purposes of financing the Property Properties and operating the Project Projects in accordance with this Agreement, and other uses reasonably approved by Lender. All amounts advanced under the Loan and repaid shall not be re-borrowed.

Agreement to Lend and Borrow. Subject to the terms and conditions of this Agreement, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender the Loan Amount (or such lesser amount as Borrower requests that Lender advance). The Loan proceeds shall be used for the purposes of financing the Property and operating the Project in accordance with this Agreement, and other uses reasonably approved by LenderProject. All amounts advanced under the Loan and repaid shall not be re-borrowed.

Agreement to Lend and Borrow. Subject to the terms and conditions of this Agreement, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender up to the Loan Amount (or such lesser amount as Borrower requests that Lender advance)Amount. The Loan proceeds shall be used for the purposes of financing paying the Property costs of construction of the Improvements and operating for the payment of other Project in accordance with this Agreement, and other uses reasonably Costs as approved by Lender. All amounts advanced under Lender and as set forth in the Loan and repaid shall not be re-borrowedBudget.

Agreement to Lend and Borrow. Subject to and upon the terms and conditions of set forth in this Agreement, Lender agrees to lend to Borrower Borrower, and Borrower agrees to borrow from Lender Lender, from time to time, such sums as may be requested by Borrower, the total of which shall not exceed the Loan Amount (or such lesser amount as Borrower requests that Lender advance). The Loan proceeds shall Amount, to be used for the purposes of financing the Property as provided in this Agreement and operating the Project in accordance conformance with this Agreement, and other uses reasonably approved by Lender. All amounts advanced under the Loan and repaid shall not be re-borrowedBudget.

Agreement to Lend and Borrow. Subject to and upon the terms and conditions of set forth in this Agreement, Lender agrees to lend to Borrower and Borrower agrees to borrow from Lender Lender, from time to time, such sums as may be requested by Borrower, the total of which shall not exceed the Loan Amount (or such lesser amount as Borrower requests that Lender advance). The Loan proceeds shall to be used for the purposes of financing the Property and operating the Project as provided in accordance this Agreement in conformance with this Agreement, and other uses reasonably approved by Lender. All amounts advanced under the Loan and repaid shall not be re-borrowedBudget.