LaGrange, Georgia Sample Clauses

LaGrange, Georgia. Property New Borrower will be utilizing loan proceeds advanced under the Senior Loan Agreement and the Bridge Loan Agreement to acquire a parcel of land (the “LaGrange Land”) located at 0000 Xxxxxxxxx Xxxxx, XxXxxxxx, Xxxxx County, Georgia, more particularly described in the Mortgage to be granted by New Borrower. The LaGrange Land is presently improved by a manufacturing facility containing an aggregate of approximately 239,537 square feet, with related parking and improvements (the “LaGrange Improvements”). The LaGrange Land and the LaGrange Improvements are collectively called the “LaGrange Property”, with the LaGrange Land being “Land” under the Senior Loan Agreement and the Bridge Loan Agreement, the LaGrange Improvements being “Improvements” under the Senior Loan Agreement and the Bridge Loan Agreement, and the LaGrange Property being a “Property” under the Senior Loan Agreement and the Bridge Loan Agreement.
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