Common use of Loan Fund Clause in Contracts

Loan Fund. The words "Loan Fund" mean the undisbursed proceeds of the Loan under this Agreement together with any equity funds or other deposits required from Borrower under this Agreement.

Appears in 15 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Shepherd's Finance, LLC), Construction Loan Agreement (Shepherd's Finance, LLC)

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Loan Fund. The words "Loan Fund" mean the undisbursed proceeds of the Loan under this Agreement together with any equity funds or other deposits required from Borrower under this Agreement. Said Loan Fund will be maintained by lender and disbursed pursuant to this Construction Loan Agreement.

Appears in 1 contract

Samples: Construction Loan Agreement

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Loan Fund. The words "Loan Fund" mean the undisbursed proceeds of the Loan under this Agreement together with any equity funds or other deposits required from Borrower under this Agreement.

Appears in 1 contract

Samples: Construction Loan Agreement (Shepherd's Finance, LLC)

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