Common use of LESSEE EQUITY Clause in Contracts

LESSEE EQUITY. Lessee shall have paid all of the Lessee Equity funds into the Project before the first Disbursement (or any subsequent Disbursement if additional Lessee Equity should be required) and Lessee shall deliver evidence of such payment reasonably satisfactory to Lessor.

Appears in 34 contracts

Samples: Development Financing Agreement (Aei Real Estate Fund Xviii Limited Partnership), Development Financing Agreement (Aei Real Estate Fund Xvii Limited Partnership), Development Financing Agreement (Aei Real Estate Fund Xvii Limited Partnership)

AutoNDA by SimpleDocs

LESSEE EQUITY. Lessee shall have paid all of the Lessee Equity funds funds, if any, into the Project before the first Disbursement (or any subsequent Disbursement if additional Lessee Equity should be required) and Lessee shall deliver evidence of such payment reasonably satisfactory to Lessor.

Appears in 11 contracts

Samples: Development Financing Agreement (Aei Income & Growth Fund 23 LLC), Development Financing Agreement (Aei Income & Growth Fund 23 LLC), Development Financing Agreement (Aei Real Estate Fund Xv LTD Partnership)

LESSEE EQUITY. Lessee shall have paid all of the Lessee Equity funds funds, if any shall then be required or known to be required prior to the First Disbursement, into the Project before the first Disbursement (or any subsequent Disbursement if additional Lessee Equity should be required) and Lessee shall deliver evidence of such payment reasonably satisfactory to LessorLessor of the availability of funds to make such payment.

Appears in 1 contract

Samples: Development Financing Agreement (Aei Income & Growth Fund Xxii LTD Partnership)

AutoNDA by SimpleDocs

LESSEE EQUITY. Lessee shall have paid all of the Lessee Equity funds funds, if any shall then be required or known to be required prior to the First Disbursement, into the Project before the first Disbursement (or any subsequent Disbursement if additional Lessee Equity should be required) and Lessee shall deliver evidence of such payment reasonably satisfactory to Lessor.

Appears in 1 contract

Samples: Development Financing Agreement (Aei Real Estate Fund 85-a LTD Partnership)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!