Building Loan definition

Building Loan means the loan made by Lender to Borrower pursuant to this Agreement in the principal amount of up to the Building Loan Amount.

Building Loan means the building loan procured by the Owner, if applicable, for purposes of financing the payment of the Works and which loan is secured by a mortgage bond;

Building Loan means the loan made by Lenders to Borrower pursuant to the Existing Building Loan Agreement in the principal amount of $215,000,000.00, or so much thereof as remains outstanding under the Building Loan Note.

Examples of Building Loan in a sentence

• Funds for construction or substantial rehabilitation are identified in the Building Loan Agreement and/or Construction Contract.

• This Security Instrument secures unpaid balances of obligatory loan advances to be made by Lender to Borrower pursuant to the terms and provision of the Building Loan Agreement, the terms and provisions of which are incorporated herein as if fully rewritten.

• Said Building Loan Agreement obligates Lender to advance to Borrower certain sums under definite and certain conditions, in a particular manner and at the times set forth therein, the total outstanding principal indebtedness of which, at any one time, is not to exceed ____________________________ and 00/100 Dollars ($________).

• The Building Loan Agreement may be inspected by interested persons at the offices of the Lender.

• This covenant shall be terminated upon the completion of the Improvements to the satisfaction of Lender and the making of the final advance as provided in the Building Loan Agreement.

More Definitions of Building Loan

Building Loan and “Building Loans” has the meaning assigned to such term in Section 1.1 of the Building Loan Agreement.

Building Loan means that certain first mortgage construction loan in the principal amount of up to $500,000,000.00 made by Wells Fargo Bank, National Association as administrative agent and lender, and certain other lenders, to Aurora Convention Center Hotel, LLC, as evidenced by that certain Building Loan Agreement (the “Building Loan Agreement”) dated as of December 18, 2015, as amended.

Building Loan means the building loan procured by the EMPLOYER, if applicable, for purposes of financing the payment of the Works and which loan is secured by a mortgage bond as per paragraph D of the Information Schedule;

Building Loan means that certain loan evidenced by the Building Loan Note in the maximum principal amount of up to $128,197,878.00 made by Lender to Borrower to finance Hard Costs, which Building Loan is secured by, among other things, the Building Loan Mortgage.

Building Loan. The portion of the DOE Credit Facility to be advanced pursuant to the terms of the Building Loan Agreement.

Building Loan means a loan of R ( ) from a financial institution acceptable to the contractor, and which loan shall be secured by a mortgage bond over the land in favour of the said institution.

Building Loan means that certain loan evidenced by the Building Loan Note in the maximum principal amount of up to One Hundred Twenty Eight Million One Hundred Ninety Seven Thousand Eight Hundred Seventy Eight and 00/100 Dollars $(128,197,878.00) made by Lender to Borrower to finance Hard Costs, which Building Loan is secured by, among other things, the Building Loan Mortgage.