Common use of Extra Funds for Operating Expenses Clause in Contracts

Extra Funds for Operating Expenses. On and after the Optional Prepayment Date, not more frequently than once each Interest Accrual Period and provided that no Default or Event of Default has occurred and is continuing if in a given Interest Accrual Period, the Borrower requires amounts in excess of the Operating Expense Monthly Installment ("Extra Funds"), Borrower, at the time it delivers the Operating Expense Certificate, may deliver a written request to Lender for a disbursement of Extra Funds stating the amount of such Extra Funds and the purpose for which such amount is intended with attachments of copies of bills and other documentation as may be required by Lender to establish that such Operating Expenses are reasonable and that such amounts are then due or expected to become due in that month. Within ten (10) days after Lender's approval, which approval, if granted by Lender (such approval not to be unreasonably withheld or delayed), shall be delivered within ten (10) Business Days of Lender's receipt of such request, Lender shall release the funds to Borrower or its designee.

Extra Funds for Operating Expenses. On and after the Optional Prepayment Date, not more frequently than once each Interest Accrual Period and provided that no Default or Event of Default has occurred and is continuing if in a given Interest Accrual Period, the Borrower requires amounts in excess of the Operating Expense Monthly Installment ("Extra Funds"), Borrower, at the time it delivers the Operating Expense Certificate, may deliver a written request to Lender for a disbursement of Extra Funds stating the amount of such Extra Funds and the purpose for which such amount is intended with attachments of copies of bills and other documentation as may be required by Lender to establish that such Operating Expenses are reasonable and that such amounts are then due or expected to become due in that month. Within ten (10) days after Lender's approval, which approval, if granted by Lender (such approval not to be unreasonably withheld or delayed)Lender, shall be delivered within ten (10) Business Days of Lender's receipt of such request, Lender shall release the funds to Borrower or its designee.

Extra Funds for Operating Expenses. On and after the ---------------------------------- Optional Prepayment Date, not more frequently than once each Interest Accrual Period and provided that no Default or Event of Default has occurred and is continuing occurred, if in a given Interest Accrual Period, the Borrower requires amounts in excess of the Operating Expense Monthly Installment (such excess amounts, "Extra Funds"), ----------- Borrower, at the time it delivers the Operating Expense Certificate, may deliver a written request to Lender for a disbursement of Extra Funds stating the amount of such Extra Funds and the purpose for which such amount is intended amount, together with attachments of copies of bills and other documentation as may be required by Lender to establish that such Operating Expenses Extra Funds operating expenses are reasonable and that such amounts are then due or expected to become due in that month. Within ten (10) days after Lender's approval, which approval, if granted by Lender (shall approve or disapprove such approval not to be unreasonably withheld or delayed), shall be delivered request within ten (10) Business Days of after Lender's receipt of such requestrequest and, if approved, Lender shall release the funds Extra Funds to Borrower or its designeedesignee within ten (10) Business Days after Lender's approval.

Extra Funds for Operating Expenses. On and after the Optional Prepayment Date, not more frequently than once each Interest Accrual Period and provided that no Default or Event of Default has occurred and is continuing continuing, if in a given Interest Accrual Period, the Borrower requires amounts in excess of the Operating Expense Monthly Installment (such excess amounts, "Extra Funds"), Borrower, at the time it delivers the Operating Expense Certificate, may deliver a written request to Lender for a disbursement of Extra Funds stating the amount of such Extra Funds and the purpose for which such amount is intended amount, together with attachments of copies of bills and other documentation as may be required by Lender to establish that such Operating Expenses Extra Funds operating expenses are reasonable and that such amounts are then due or expected to become due in that month. Within ten (10) days after Lender's approval, which approval, if granted by Lender (shall approve or disapprove such approval not to be unreasonably withheld or delayed), shall be delivered request within ten (10) Business Days of after Lender's receipt of such request and, if Lender fails to approve or disapprove such request within such period, Lender shall be deemed to have approved such request. If such request is approved or deemed approved, Lender shall release the funds Extra Funds to Borrower or its designeedesignee within ten (10) Business Days after Lender's approval or deemed approval.