Common use of No Other Financing Clause in Contracts

No Other Financing. The Loan will be Xxxxxxxx’s only financing for the Property and the Work. Further, Borrower will not incur any new debt, increase any outstanding loan or revolving credit line or reduce assets from that disclosed to Lender and upon which Lender approved the Loan.

Appears in 2 contracts

Samples: Commercial Construction to Permanent Loan Agreement (Fresh Vine Wine, Inc.), Construction to Permanent Loan Agreement (Fresh Vine Wine, Inc.)

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No Other Financing. The Loan will be XxxxxxxxBorrower’s only financing for the Property and the Work. Further, Borrower will not incur any new debt, increase any outstanding loan or revolving credit line or reduce assets from that disclosed to Lender and upon which Lender approved the Loan.

Appears in 2 contracts

Samples: Commercial Construction to Permanent Loan Agreement (Notes Live, Inc.), Commercial Construction to Permanent Loan Agreement (Notes Live, Inc.)

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