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Common use of Control of Borrower Clause in Contracts

Control of Borrower. At all times, Borrower shall have effective voting control over the Project affairs and shall run the day-to-day operations and affairs of Borrower's business.

Appears in 4 contracts

Samples: Commercial Loan Agreement (Red Oak Capital Fund II, LLC), Commercial Loan Agreement (Red Oak Capital Fund II, LLC), Commercial Loan Agreement (Red Oak Capital Fund II, LLC)