Common use of REPAYMENT OF FUNDS ADVANCED Clause in Contracts

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

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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