Common use of Other Advances Clause in Contracts

Other Advances. Notwithstanding anything herein to the contrary, Lender may (without obligation), at any time and from time to time, make an Advance without first receiving a Draw Request and apply the proceeds of such Advance to pay any interest, fees or other amount owing to Lender, release charges under prior mortgages and security interests, or legal fees or other costs payable by Borrower in connection with the Loan Documents or the Project.

Appears in 4 contracts

Samples: Master Credit Agreement (Advanced BioEnergy, LLC), Master Credit Agreement (Great Plains Ethanol LLC), Credit Agreement (Golden Grain Energy)

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