Common use of USE OF PROCEEDS, THE WORK AND CONDITIONS TO DISBURSEMENT OF LOAN PROCEEDS Clause in Contracts

USE OF PROCEEDS, THE WORK AND CONDITIONS TO DISBURSEMENT OF LOAN PROCEEDS. Unless otherwise agreed by Lender, Lender shall not be obligated to close the Loan and disburse any Loan Proceeds unless and until the following conditions have been satisfied (all in a manner acceptable to Lender) or waived by Lender:

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Groundfloor Real Estate 1, LLC), Loan Agreement (Groundfloor Finance Inc.)

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USE OF PROCEEDS, THE WORK AND CONDITIONS TO DISBURSEMENT OF LOAN PROCEEDS. Unless otherwise agreed by LenderLxxxxx, Lender shall not be obligated to close the Loan and disburse any Loan Proceeds unless and until the following conditions have been satisfied (all in a manner acceptable to Lender) or waived by LenderLxxxxx:

Appears in 1 contract

Samples: Loan Agreement (Groundfloor Real Estate 1, LLC)

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