Procedure for Making Disbursements of Loan Proceeds. (1) After the Closing Date, disbursements shall be made from time to time as construction progresses pursuant to a request for advance in the applicable form attached hereto as Exhibit F (each, a “Request for Loan Advance”), but no more frequently than once in each calendar month.
Appears in 2 contracts
Samples: Acquisition and Project Loan Agreement (Acadia Realty Trust), Assignment and Assumption (Acadia Realty Trust)
Procedure for Making Disbursements of Loan Proceeds. (1) After the Closing Date, disbursements shall be made from time to time as construction progresses pursuant to a request Request for advance Loan Advance in the applicable form attached hereto as Exhibit F (each, a “Request for Loan Advance”)F, but no more frequently than once in each calendar month.
Appears in 1 contract
Samples: Construction Loan Agreement (Maguire Properties Inc)
Procedure for Making Disbursements of Loan Proceeds. (1a) After the Closing Date, disbursements shall be made from time to time as construction progresses pursuant to a request for advance Request in the applicable form attached hereto as Exhibit F (each, a “Request for Loan Advance”)hereto, but no more frequently than once in each calendar month.
Appears in 1 contract
Samples: Acquisition and Project Loan Agreement (KBS Strategic Opportunity REIT II, Inc.)