Common use of Predevelopment Budget Clause in Contracts

Predevelopment Budget. In addition to any other rights of Lender hereunder, any material change to the Predevelopment Budget or the Business Plan shall require the prior approval of Lender, which approval shall not be unreasonably withheld, conditioned or delayed.

Appears in 2 contracts

Sources: Loan Agreement (Ambase Corp), Loan Agreement (Ambase Corp)