Common use of Loan In Balance Clause in Contracts

Loan In Balance. Anything in this Agreement contained to the contrary notwithstanding, it is expressly understood and agreed that the Loan at all times shall be In Balance (as hereinafter defined). The Loan shall be deemed to be “In Balance” only if the total of the Available Funds (as hereinafter defined) on a total and on a line item Project Cost basis, in Lender’s sole and absolute judgment, shall equal or exceed on a line item and on a total, aggregate basis, the amount of all Project Costs, including, without limitation:

Loan In Balance. Anything in this Agreement contained to the contrary notwithstanding, it is expressly understood and agreed that the Loan at all times shall be In Balance (as hereinafter defined). The Loan shall be deemed to be “In Balance” only if the total of the Available Funds (as hereinafter defined) on a total and on a line item Project Cost basis, in Lender’s sole and absolute judgment, shall equal or exceed on a line item and on a total, aggregate basis, the amount of all Project Costs, including, without limitation:

Loan In Balance. Anything Notwithstanding any other provision in this Agreement contained or the other Loan Documents which may be to the contrary notwithstandingcontrary, it is expressly understood and agreed that in Lender’s reasonable discretion, the Loan shall at all times shall be “In Balance (as hereinafter defined)Balance”, on a Budget Line Item and an aggregate basis. The Loan shall be deemed to be “In Balance” in the aggregate only if when the total of the Available Funds (as hereinafter defined) on a total and on a line item Project Cost basis, in Lender’s sole and absolute judgment, shall equal undisbursed portion of the Loan less the Contingency Fund equals or exceed on a line item and on a total, exceeds the aggregate basis, the amount of all Project Costs, including, without limitation:of