Common use of Permanent Lender Clause in Contracts

Permanent Lender. The term “Permanent Lender” shall mean the party issuing a Permanent Loan Commitment which may hereinafter be issued.

Appears in 4 contracts

Sources: Construction Loan Agreement (MCI Income Fund VII, LLC), Construction Loan Agreement (MCI Income Fund VII, LLC), Construction Loan Agreement (MCI Income Fund VII, LLC)

Permanent Lender. The term "Permanent Lender" shall mean the party issuing a Permanent Loan Commitment which may hereinafter be issuedissued .

Appears in 1 contract

Sources: Construction Loan Agreement (MCI Income Fund VII, LLC)