No Other Financing. The Loan will be Borrower’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.)
No Other Financing. The Loan will be BorrowerXxxxxxxx’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: Construction to Permanent Loan Agreement (Fresh Vine Wine, Inc.), Commercial Construction to Permanent Loan Agreement (Fresh Vine Wine, Inc.)