Construction Loan Documents definition

Construction Loan Documents means the Construction Note, the Construction Mortgage, the Construction Loan Agreement and all other documents executed and/or delivered in connection with the Construction Loan.
Construction Loan Documents means those certain documents memorializing and securing the Construction Loan including, but not limited to a construction loan agreement, promissory note, mortgage and any other agreements, documents, or instruments evidencing, guarantying, securing or otherwise relating to the promissory note, or executed or delivered in connection with the Construction Loan, as such agreements, documents, and instruments may be amended, modified, extended, renewed or supplemented from time to time.

Examples of Construction Loan Documents in a sentence

  • The General Partner and its Affiliates, jointly and severally, are hereby authorized to incur personal liability for the repayment of funds advanced by the Construction Lender (and interest thereon) pursuant to the Construction Loan Documents.

  • Borrower hereby acknowledges and agrees that the definition of Obligations includes, without limitation, each and every obligation, duty, covenant, undertaking and condition which Borrower is required or has agreed to perform under the Documents and under the Construction Loan Documents, and each and every obligation of Borrower now or hereafter owing to Lender.

  • Commands that operate on defglobals such as ppdefglobal and undefglobal expect the symbolic name of the global without the astericks (e.g. use the symbol max when you want to refer to the global variable ?*max*).

  • The Construction Loan shall be “in balance” only at such time and from time to time as Construction Lender may determine, in its reasonable discretion in accordance with the Construction Loan Documents, that the undisbursed portion of the Construction Loan (as allocated pursuant to the Project Budget, as amended from time to time) equals or exceeds the actual cost to complete construction of the Project.

  • Without limiting the generality of the foregoing, an Event of Default shall be deemed to exist in the event there occurs an Event of Default under and as defined in the Construction Loan Agreement or in the event there occurs an act or event under any of the Construction Loan Documents, whether or not denominated as an "Event of Default," which expressly entitles the Lender to exercise its remedies.


More Definitions of Construction Loan Documents

Construction Loan Documents means any notes, agreements, leasehold deeds of trust, including the Leasehold Deed of Trust, between the Developer and any Construction Lender relating to a Construction Loan.
Construction Loan Documents shall have the meaning set forth in the Construction Loan Agreement.
Construction Loan Documents means the deed of trust, the promissory note, and all other documents required by the Construction Lender in connection with the Construction Loan.
Construction Loan Documents means the Construction Loan and Permanent Loan Agreement, the Construction Deed of Trust, the Environmental Indemnity Agreement, the Guaranty, the other Loan Documents (as defined in the Construction Loan and Permanent Loan Agreement), and all other documents required by the Construction Lender in connection with or as security for the Construction Loan, including without limitation, the Construction Loan Note and the Construction Deed of Trust.
Construction Loan Documents means, collectively, the Construction Loan Agreement and the “Loan Documents,” as defined in the Construction Loan Agreement as in effect as of the date hereof.
Construction Loan Documents means, in addition to Principal Mortgage Documents and Other Mortgage Documents, (i) a copy of an Appraisal on the subject property, (ii) a copy of the contract for sale on the subject property, and (iii) a copy of the builder's draw request/non-start of construction affidavit.