Common use of One Advance Per Month Clause in Contracts

One Advance Per Month. Lender shall have no obligation to make Advances of the Loan more often than once in each calendar month except that Lender, in its sole discretion, shall have the right but not the obligation, to make additional advances per month for interest, fees and expenses due under the Loan Documents.

One Advance Per Month. Lender shall have no obligation to make Advances of the Loan more often than once in each calendar month except that Lender, in its sole discretion, shall have the right but not the obligation, to make additional advances Advances per month for interest, fees and expenses due under the Loan Documents.