Common use of R E C I T A L Clause in Contracts

R E C I T A L. Borrower desires to borrow from Lender, and Lender agrees to loan to Borrower, the extension of credit for which provision is made herein.

Appears in 3 contracts

Sources: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Unsecured Loan Agreement (Inland Real Estate Corp), Secured Loan Agreement (Price Legacy Corp)

R E C I T A L. Borrower desires to borrow from Lender, and Lender agrees to loan to Borrower, the extension of credit for which provision is made hereinherein for the purpose more specifically described in Section 2.4 below.

Appears in 1 contract

Sources: Loan Agreement (KBS Legacy Partners Apartment REIT, Inc.)