Protective Advance. If the Borrower fails to pay when due any amounts Borrower is required to pay pursuant to the Loan Documents, Lender may apply funds in the Program account to pay such amounts.
Appears in 4 contracts
Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Green Plains Renewable Energy, Inc.)
Protective Advance. If the Borrower fails to pay when due any amounts Borrower is required to pay pursuant to the Loan Documents, Lender may apply funds in the Program account Account to pay such amounts.
Appears in 1 contract
Samples: Construction and Revolving Loan Agreement (United Wisconsin Grain Producers LLC)
