Common use of REPAYMENT OF FUNDS ADVANCED Clause in Contracts

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Lender upon written demand, together with interest at the rate applicable to the principal balance of the Note from the date the funds were expended.

Appears in 3 contracts

Samples: Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp), Loan Agreement (IMH Financial Corp)

AutoNDA by SimpleDocs

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Lender or any Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Lender upon written demand, together with interest at the rate applicable to the principal balance of the Note Loan from the date the funds were expended.

Appears in 1 contract

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Lender upon written demand, together with interest at the rate applicable to the principal balance of the Senior Note from the date the funds were expended.

Appears in 1 contract

Samples: Bridge Loan Agreement (Alliance Imaging Inc /De/)

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Lender in the ------------------------------ exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Lender upon written demand, together with interest at the rate applicable to the principal balance of the Note from the date the funds were expended.. 11.7

Appears in 1 contract

Samples: Construction Loan Agreement (Pizza Inn Inc /Mo/)

AutoNDA by SimpleDocs

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents Note shall be payable to Lender upon written demand, together with interest at the rate applicable to the principal balance of the Note from the date the funds were expended.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!