Construction Loan Agreement Sample Clauses

Construction Loan Agreement. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan advance in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan advance in any particular place or manner.

Construction Loan Agreement. The term “Construction Loan Agreement” shall mean that certain loan agreement part of the Construction Loan Documents.] [IF APPLICABLE]

Construction Loan Agreement. Deed of Trust Security Instrument, Security Agreement, Fixture Filing and Assignment of Leases and Rents

Construction Loan Agreement. The Loan Fee to convert to a permanent loan in accordance with the terms of the Note is increased from $8,440.00 to $9,750.00.

Construction Loan Agreement. The Loan evidenced by the Note and secured by this Mortgage is to be disbursed in accordance with the terms and provisions of the Loan Agreement. The Note, this Mortgage and the Loan Agreement shall always be taken and read together as constituting parts of one transaction. All sums disbursed pursuant to the terms of the Loan Agreement shall be secured by this Mortgage with the same priority as if advanced on the date hereof. Mortgagor shall fully, duly and promptly discharge each and every of its agreements contained in the Loan Agreement and comply with, abide by and perform all of the provisions and conditions thereof.

Construction Loan Agreement. Except during the continuance of an Event of Default, Borrower shall have the right to exercise its rights as owner under each Construction Contract, provided that Borrower shall not cancel or amend any Construction Contract or do or suffer to be done any act which would impair the security constituted by this assignment or execute any other assignment of Borrower's interest in any Construction Contract without the prior written consent of Administrative Agent.

Construction Loan Agreement. The (i) $_________ Acquisition and Project Loan Agreement and (ii) $_________ Building Loan Agreement, each dated as of _________ ___, 200___, among Borrower, the Lenders parties thereto, and Eurohypo, AG, New York Branch, as Administrative Agent

Construction Loan Agreement. (Continued)

Construction Loan Agreement. Prior to each disbursement --------------------------- following the initial disbursement, the Borrower shall have furnished to the Bank all materials required pursuant to the Construction Loan Agreement not otherwise required hereunder prior to any disbursement. SECTION SIX ----------- COVENANTS --------- The Borrower covenants and agrees that, from the date of this Agreement and until the obligations of the Borrower to the Bank hereunder are satisfied in full, it will comply with the following provisions: