CONVERSION ELECTION NOTICE. Written notice delivered by Borrower to Bank that Borrower has elected to convert the Borrower Loan from the Construction Phase to the Permanent Phase.
Appears in 3 contracts
Samples: Construction and Permanent Loan Agreement, Construction and Permanent Loan Agreement, Funding Loan Agreement
CONVERSION ELECTION NOTICE. Written notice delivered by Borrower to Bank that Borrower Xxxxxxxx has elected to convert the Borrower Loan from the Construction Phase to the Permanent Phase.
Appears in 2 contracts
Samples: Construction and Permanent Loan Agreement, Funding Loan Agreement