Common use of CONSTRUCTION FUNDS Clause in Contracts

CONSTRUCTION FUNDS. Borrower shall keep construction funds of the Project, if any, separate and apart from operating funds of the Project, including without limitation any funds necessary to operate the Healthcare Facility.

Appears in 23 contracts

Samples: Healthcare Regulatory Agreement, Regulatory Agreement (Summit Healthcare REIT, Inc), omb.report

AutoNDA by SimpleDocs

CONSTRUCTION FUNDS. Borrower shall keep construction funds of the Project, if any, Project separate and apart from operating funds of the Project, including without limitation any funds necessary to operate the Healthcare Facility.

Appears in 6 contracts

Samples: Healthcare Regulatory Agreement, Healthcare Regulatory Agreement, Healthcare Regulatory Agreement

CONSTRUCTION FUNDS. Borrower shall keep construction funds of the Project, if any, separate and apart from operating funds of the Project, including without limitation any funds necessary to operate the Healthcare Facility. [DELETE IF NOT APPLICABLE.]

Appears in 2 contracts

Samples: Regulatory Agreement, Regulatory Agreement

AutoNDA by SimpleDocs

CONSTRUCTION FUNDS. Borrower shall keep construction funds of the 214 Project, if any, separate and apart from operating funds of the Project, including without 215 limitation any funds necessary to operate the Healthcare Facility.

Appears in 1 contract

Samples: downloads.regulations.gov

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!