General Loan Terms. Section 3.01.
General Loan Terms. 13 2.1 THE LOAN.......................................................................................13 2.2
General Loan Terms. 31 Section 4.1. Funding Notices......................................... 31 Section 4.2.
General Loan Terms. 11 2.1 The Loan .................................................................. 11 2.2
General Loan Terms. 2.1 The Loan. Lender is making a Loan (the "Loan") to Borrower on the date -------- hereof in the original principal amount of $58,000,000, which shall mature on the Stated Maturity Date. Borrower acknowledges receipt of the Loan, the proceeds of which are being and shall be used to (i) repay and discharge existing loans relating to the Properties, (ii) fund certain of the Subaccounts, and (iii) pay transaction costs. Any excess proceeds may be used for any lawful purpose. No amount repaid in respect of the Loan may be reborrowed.
General Loan Terms. 2.1 The Loan
General Loan Terms. 1.1 Subject to the conditions herein set forth, Lender agrees to loan to or for the benefit of Borrower, and Borrower agrees to draw upon and borrow, in the manner and upon the terms and conditions set forth herein, amounts that shall not exceed, in the aggregate, $100,000 (the "Loan"). Disbursements under the Loan are referred to herein individually as an "Advance" and collectively as "Advances."
General Loan Terms. 19 Section 4.1
General Loan Terms. Section 4.1.
General Loan Terms. 18 2.1 The Loan ............................................................................................................... 18 2.2 Interest; Monthly Payments .................................................................................. 18 2.2.1 Generally ................................................................................................... 18 2.2.2 Default Rate............................................................................................... 18 2.2.3 Taxes ......................................................................................................... 18 2.2.4 Breakage Indemnity .................................................................................. 19 2.2.5