Materials Stored Off-Site. Lender will not make any loan disbursements based on the value of materials stored off-site, unless Lender has given its approval to a disbursement based thereon because of the difficulty or danger of storing such materials on-site, but Lender shall have absolute discretion in determining whether to approve such disbursement and upon what terms and conditions such disbursement will be made. In the event Lender elects to make a loan disbursement for materials stored off-site, the conditions of Paragraph (h) above shall apply to such disbursement.
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Materials Stored Off-Site. Lender will not make any loan disbursements based on the value of materials stored off-site, unless Lender has given its approval to a disbursement based thereon because of the difficulty or danger of storing such materials on-site, but Lender shall have absolute discretion in determining whether to approve such disbursement and upon what terms and conditions such disbursement will be made. In the event Lender elects to make a loan disbursement for materials stored off-site, the conditions of Paragraph (he) above shall apply to such disbursement.
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