Funds of Lender. Any funds of Lender used for any purpose referred to in this ARTICLE VIII shall constitute a portion of the Obligation, shall bear interest from the date advanced at the Default Rate, shall be secured by all collateral as security for the Loan and shall be due and payable immediately upon demand.
Appears in 2 contracts
Samples: Construction Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
Funds of Lender. Any funds of Lender used for any purpose referred to in this ARTICLE Article VIII shall constitute a portion of the Obligation, shall bear interest from the date advanced at the Default Rate, shall be secured by all collateral as security for the Loan and shall be due and payable immediately upon demand.
Appears in 2 contracts
Samples: Loan Agreement (Sky Harbour Group Corp), Loan Agreement (Sky Harbour Group Corp)
