Common use of City Loan Clause in Contracts

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $17,160,000, of which ten percent (10%) is to be retained until completion of Initial Lease Up, subject to the following:

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $17,160,00011,600,000, of which ten percent (10%) is to be retained until completion of Initial Lease UpConversion, subject to the following:

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $17,160,0005,000,000, of which ten percent (10%) is to be retained until completion of Initial Lease Up, subject to the following:

City Loan. A loan from the City (the “City Loan”) in the original principal aggregate amount of up to $17,160,0003,000,000, of which ten percent (10%) is to be retained until completion of Initial Lease UpCompletion, subject to the following: