Common use of Sign Regarding Construction Financing Clause in Contracts

Sign Regarding Construction Financing. Borrower shall include on any sign erected by Borrower at or near the Property a statement in conspicuous lettering that construction financing is being provided by Lenders, all to the reasonable satisfaction of Administrative Agent. If such sign is not erected, Borrower shall, upon request by and at the expense of Lenders, erect and maintain on a suitable site on the Property a sign indicating that construction financing is being provided by Lenders, all to the reasonable satisfaction of Administrative Agent.

Appears in 2 contracts

Samples: Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.), Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.)

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Sign Regarding Construction Financing. Borrower shall include on any sign erected by Borrower at or near the Property setting forth the names of the Contractor and/or any subcontractors of the construction of the Improvements a statement in conspicuous lettering that construction financing is being provided by LendersLender, all to the reasonable satisfaction of Administrative AgentLender. If such sign is not erected, Borrower shall, upon request by and at the expense of LendersLender, erect and maintain on a suitable site on the Property a sign indicating that construction financing is being provided by LendersLender, all to the reasonable satisfaction of Administrative AgentLender.

Appears in 2 contracts

Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp)

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Sign Regarding Construction Financing. Borrower shall include on any sign erected by Borrower at or near the Property Premises setting forth the names of the Contractor or any subcontractors of the construction of the Improvements a statement in conspicuous lettering that construction financing is being provided by LendersLender, all to the reasonable satisfaction of Administrative AgentLender. If such sign is not erected, Borrower shall, upon request by and at the expense of LendersLender, erect and maintain on a suitable site on the Property Premises a sign indicating that construction financing is being provided by LendersLender, all to the reasonable satisfaction of Administrative AgentLender.

Appears in 1 contract

Samples: Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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