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Common use of Development Corp Clause in Contracts

Development Corp. has requested that the Borrower provide it with an unsecured line of credit of up to $10,000,000 on terms and conditions that would constitute an arms-length transaction.

Appears in 2 contracts

Sources: Loan Agreement (National Consumer Cooperative Bank /Dc/), Loan Agreement (National Consumer Cooperative Bank /Dc/)

Related Clauses

  • Project Development
  • Condominiums/Planned Unit Developments
  • Business Development Company
  • Information Systems Acquisition Development and Maintenance
  • Status as Business Development Company

Parent Clauses

  • Conditions of Underwriters' Obligations
  • Representations, Warranties and Agreements of the Transaction Entities
  • Conditions to the Obligations of the Manager
  • Conditions of the Underwriters' Obligations
  • Wolf, Block
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