Funds of Lender. Any funds of Lender used for any purpose referred to in this Article 5 shall constitute Advances secured by the Loan Instruments and shall bear interest at the rate specified in the Renovation Note to be applicable after default hereunder.
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Samples: Acquisition and Construction Loan Agreement (Mego Financial Corp), Acquisition and Renovation Loan Agreement (Mego Financial Corp)
Funds of Lender. Any funds of Lender used for any purpose referred to in this Article 5 shall constitute Advances secured by the Loan Instruments Documents and shall bear interest at the rate specified in the Renovation Construction Note to be applicable after default hereunder.
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Samples: Construction Loan Agreement (Silverleaf Resorts Inc)
Funds of Lender. Any funds of Lender used for any purpose referred to in this Article 5 shall constitute Advances advances secured by the Loan Instruments Documents and shall bear interest at the rate specified in the Renovation Note to be applicable after default hereunderthereunder.
Appears in 1 contract
Samples: Loan Agreement (Lancer Corp /Tx/)
Funds of Lender. Any funds of Lender used for any purpose referred to in this Article 5 shall constitute Advances secured by the Loan Instruments and shall bear interest at the rate specified in the Renovation Note to be applicable after default hereunderthereunder.
Appears in 1 contract
