Common use of Not Revolver Clause in Contracts

Not Revolver. This Loan facility is not intended, in whole or in part, to be "revolving" in nature and it is expressly agreed that no principal amount repaid by Borrower may be reborrowed by Borrower.

Appears in 4 contracts

Samples: Loan Agreement (Owens Realty Mortgage, Inc.), Construction Loan Agreement (IMH Financial Corp), Construction Loan Agreement (Owens Realty Mortgage, Inc.)

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Not Revolver. This Loan facility is not intended, in whole or in part, to be "revolving" in nature and it is expressly agreed that no principal amount repaid by Borrower may be reborrowed by BorrowerBxxxxxxx.

Appears in 1 contract

Samples: Loan Agreement (Parks America, Inc)

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Not Revolver. This Loan facility is not intended, in whole or in part, to be "revolving" in nature and it is expressly agreed that no principal amount repaid by Borrower may be reborrowed by Borrower.

Appears in 1 contract

Samples: Loan Agreement (TPG RE Finance Trust, Inc.)

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