Loan Commitment Disbursement to Borrower. (a) The Loan was fully disbursed on the Original Closing Date. Any amount repaid in respect of the Loan may not be reborrowed. (b) The Loan is evidenced by the Note and secured by the Pledge Agreement and the other Loan Documents.
Appears in 4 contracts
Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
Loan Commitment Disbursement to Borrower. (a) The Loan was fully disbursed on the Original Closing Date. Any amount repaid in respect of the Loan may not be reborrowed.
(b) The Loan is evidenced by the Note and secured by the Pledge Agreement Mortgage and the other Loan Documents.
Appears in 1 contract
Samples: Mortgage Loan Agreement (Ashford Hospitality Trust Inc)
