Common use of City Loans; City Loan Documents Clause in Contracts

City Loans; City Loan Documents. (a) Upon the due performance by Developer of all its prior obligations with respect to an Approved Phase, as set forth herein, Developer and/or the Owner Partnership, as appropriate, and the City will execute at Closing for such Phase such documents as shall be necessary and appropriate to make the City Loans and otherwise implement the Revitalization Plan relative to such Phase, which shall collectively be known as “City Loan Documents” for such Phase. City Loan Documents expressly refers to the promissory notes, deeds of trust and all other documents, approvals, waivers, opinions, policies, surveys and agreements required by the City as a term of agreeing to make a City Loan.