Examples of Permanent Loan Documents in a sentence
Further, subject to any provisions in the Lease, the Construction Loan documents and the Permanent Loan Documents, any insurance proceeds received by the Company or a Subsidiary as a result of damage or destruction to any improvements within the Project shall be used to reconstruct such improvements, to the extent legally permissible, and provided that the Lease continues in force and effect.
Hillocks (1986a, 1986b, 1995) points out that a crucial component of writing—developing procedures for generating content—is largely neglected in schools.
A default under the Construction Loan shall, at Bank’s election, also be a default under the Permanent Loan Documents, and such a default will, at the election of the Bank, trigger an acceleration of Borrower’s obligations under the Permanent Loan.
If the Permanent Lender purchases the Funding Loan upon Conversion, principal and interest shall be paid as provided in the Permanent Loan Documents.
From and after such notice has been given to Landlord, Landlord shall have the same period for remedying the default complained of as the cure period provided to Tenant under the Permanent Loan Documents.