Common use of NO PRINCIPAL REDUCTION REQUIRED Clause in Contracts

NO PRINCIPAL REDUCTION REQUIRED. Minimum Principal = Total Project Construction Costs; NO MAXIMUM PRINCIPAL.

Appears in 4 contracts

Samples: Operating Agreement (Carlyle Real Estate LTD Partnership Xv), Operating Agreement (Carlyle Real Estate LTD Partnership Xiv /Il/), Operating Agreement (Carlyle Real Estate LTD Partnership Xiv /Il/)

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