Common use of Loan by the City Clause in Contracts

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Hundred Three Thousand Dollars ($203,000) at zero percent (0%) interest, for a term of fifteen (15) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to One Hundred Forty Two Thousand Five Hundred Three Thousand Eighty Nine Dollars ($203,000142,589) at zero percent (0%) interest, for a term of fifteen (15) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Three Hundred Three Thousand Dollars ($203,000300,000) at zero percent (0%) interest, for a term of fifteen twenty (1520) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Hundred Three Thousand Dollars ($203,000) 250,000 at zero percent (0%) interest, for a term of fifteen three (153) years, as specified in the NoteNotes. The borrower will execute a separate Note and Deed of Trust for each property acquired; with the aggregate total for a minimum of eight (8) properties not to exceed $250,000.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Ninety Two Thousand Eight Hundred Three Thousand Dollars ($203,00092,800) at zero percent (0%) interest, for a term of fifteen fifteenf (15) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two One Million One Hundred Sixty Three Thousand Four Hundred Seventy Seven Dollars ($203,0001,163,477.00) at zero percent (0%) interest, for a term of fifteen twenty (1520) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Hundred Three Fifty One Thousand Nine Hundred Sixty Nine Dollars ($203,000251,969) at zero percent (0%) interest, for a term of fifteen twenty (1520) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Seventy Nine Thousand Five Hundred Three Thousand Twenty Eight Dollars ($203,00079,528.00) at zero percent (0%) interest, for a term of fifteen (15) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two One Hundred Three Ninety Seven Thousand Eight Hundred Thirty Eight Dollars ($203,000197,838) at zero percent (0%) interest, for a term of fifteen (15) years, as specified in the Note.

Loan by the City. Subject to the terms and conditions provided in this Agreement and in the Loan Documents, and all applicable laws and regulations, the City agrees to make the Loan to the Borrower and the Borrower agrees to borrow up to Two Hundred Fifty Three Thousand Thirty One Dollars ($203,000253,031) at zero percent (0%) interest, for a term of fifteen twenty (1520) years, as specified in the Note.