Loan Proceeds and Adequacy. The undisbursed Loan proceeds, together with Borrower's Funds and all other sums, if any, to be provided by Borrower as shown in EXHIBIT C, are sufficient to construct the Improvements in accordance with the terms and conditions of this Agreement.
Loan Proceeds and Adequacy. The proceeds from the AHIF Loan, together with the other funding identified herein are sufficient to cover the costs associated with the acquisition and initial operation of the Property in accordance with the intent, terms and conditions of this Agreement.
Loan Proceeds and Adequacy. The undisbursed Loan proceeds, together with Xxxxxxxx’s Funds, the proceeds of the Subordinate Loan(s), the Capital Contributions, and all other sums, if any, to be provided by Xxxxxxxx as shown in Exhibit C, are sufficient to acquire Xxxxxxxx’s interest in the Property and construct the Improvements in accordance with the terms and conditions of this Loan Agreement.
Loan Proceeds and Adequacy. The proceeds from the CDBG Loan, together with the other funding identified herein are sufficient to cover the costs associated with the Xxxxxx Development Project in accordance with the intent, terms and conditions of this Agreement.
Loan Proceeds and Adequacy. The proceeds from the County Loan, together with the other funding identified herein are sufficient to cover the costs associated with the Park Shirlington Complex Acquisition in accordance with the intent, terms and conditions of this Agreement.
Loan Proceeds and Adequacy. The undisbursed Loan proceeds, together with funds in the Construction Reserve and the Construction Draw Account, and funds required to be deposited into the Additional Equity Reserve pursuant to Section 6.28 hereof, are sufficient to construct and complete the Improvements in the Construction in accordance with the terms and conditions of this Agreement and the other Loan Documents.
Loan Proceeds and Adequacy. Borrower reasonably expects that as of the Effective Date, and as of the date of each disbursement of Loan proceeds, the undisbursed Loan proceeds, together with Borrower’s current equity in the Property, Borrower’s Funds and all other sums, if any, to be provided by Borrower as shown in Exhibit C, are sufficient to construct the Improvements in accordance with, and otherwise comply with all obligations under, the terms and conditions of this Agreement and all other Loan Documents.
Loan Proceeds and Adequacy. The undisbursed amount of the Loan, together with all other sums, if any, to be provided by Borrower in the Loan Budget, are sufficient to construct the Improvements in accordance with the terms and conditions of this Agreement.
Loan Proceeds and Adequacy. The proceeds from the Consolidated CDBG/AHIF Loan, together with the other funding identified herein are sufficient to cover the costs associated with the acquisition, construction and initial operation of the Property in accordance with the intent, terms and conditions of this Agreement.
Loan Proceeds and Adequacy. The proceeds from the AHIF Loan, together with the other funding identified herein are sufficient to cover the costs associated with the Xxxxxx House II Apartment Complex Development in accordance with the intent, terms and conditions of this Agreement.
