Rate Lock Agreement. Simultaneously with the Initial Advance, Lender shall return to Borrower, a pro-rata portion of the deposit held by Lender pursuant to the Rate Lock Agreement in such proportion as the amount of the Initial Advance bears to the Total Loan Amount.
Appears in 9 contracts
Samples: Project Loan Agreement, Building Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust)