Common use of Borrower’s Funds Clause in Contracts

Borrower’s Funds. All funds of Borrower deposited into Borrower’s Funds Account pursuant to the terms of this Agreement, to be disbursed in payment of Construction Costs as more particularly set forth in this Agreement.

Appears in 2 contracts

Samples: Construction and Permanent Loan Agreement, Funding Loan Agreement

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Borrower’s Funds. All funds of Borrower deposited into Borrower’s Funds Account with Bank pursuant to the terms of this Agreement, to be disbursed in payment of Construction Costs as more particularly set forth in this Agreement.

Appears in 1 contract

Samples: Construction Loan Agreement (Petco Holdings Inc)

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Borrower’s Funds. All funds of Borrower deposited into Borrower’s Borrower‟s Funds Account pursuant to the terms of this Agreement, to be disbursed in payment of Construction Costs as more particularly set forth in this Agreement.

Appears in 1 contract

Samples: Construction and Permanent Loan Agreement

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