Sums Advanced Sample Clauses
The "Sums Advanced" clause defines the terms under which payments are made in advance by one party to another, typically before goods or services are delivered. In practice, this clause outlines the timing, amount, and conditions for such advance payments, and may specify requirements like invoices, milestones, or security for the sums advanced. Its core function is to ensure that the party providing goods or services has the necessary funds upfront, thereby facilitating project commencement or procurement while managing the risk of non-payment or non-performance.
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Sums Advanced. All sums advanced and expenses incurred by you under the terms of this Agreement. Loan Documents refer to all the documents executed in connection with the Secured Debts.
Sums Advanced. All sums advanced and expenses incurred by you under the terms of this Agreement.
Sums Advanced. All sums advanced and expenses incurred by ▇▇▇▇▇▇ under the terms of this Security Instrument.
Sums Advanced. All sums advanced and expenses incurred by Lender under the terms of the Loan Agreement or this Security Agreement.
Sums Advanced. Borrower shall be liable to Agent for all sums paid or incurred in connection with the construction of the Required Improvements or other alteration, improvement, maintenance, replacement, restoration or repair under taken by Agent whether the same shall be paid or incurred pursuant to the provisions of this Section 8.4 or otherwise, all of which shall be paid by Borrower to Agent upon demand with interest at the Default Rate from the time incurred by Agent to the date of payment to Agent, and all of the foregoing sums, including such interest at the Default Rate, shall be deemed and shall constitute disbursements of Loan proceeds under this Loan Agreement and be evidenced by the Note and secured by the Security Documents.
Sums Advanced. Borrower and Manager shall be liable to Lender for all sums paid or incurred for the construction of the Required Improvements whether the same shall be paid or incurred pursuant to the provisions of this Section 8.4 or otherwise, and all other payments made or liabilities incurred by Lender under this Agreement of any kind whatsoever, all of which shall be paid by Borrower or Manager to Lender upon demand with interest at the Default Rate to the date of payment to Lender, and all of the foregoing sums, including such interest at the Default Rate, shall be deemed and shall constitute Advances under this Agreement and be evidenced by the Note and secured by the Security Documents.
Sums Advanced. All sums advanced and expenses incurred by you under the terms of this Loan Agreement.
Sums Advanced. All sums advanced and expenses incurred by ▇▇▇▇▇▇ under the terms of this Assignment.
Sums Advanced. Borrower shall be liable to Agent and Lenders for all sums paid or incurred for the construction of the Project whether the same shall be paid or incurred pursuant to the provisions of this Section 8.4 or otherwise, and all other payments made or liabilities incurred by Agent and Lenders under this Agreement of any kind whatsoever (except to the extent it is determined by a court of competent jurisdiction, beyond right of appeal, that such liabilities arose solely and directly out of the gross negligence or willful misconduct of Lenders), all of which shall be paid by Borrower to Agent upon demand with interest at the Default Rate to the date of payment to Lender, and all of the foregoing sums, including such interest at the Default Rate, shall be deemed and shall constitute Advances under this Agreement and be evidenced and secured by the Loan Documents.
Sums Advanced. Borrower shall be liable to Agent and Lenders for all sums advanced, paid or incurred in connection with the activity described in Section 6.4(a) hereof whether the same shall be paid or incurred pursuant to the provisions of this Section 6.4 or otherwise, and all other payments made or liabilities incurred by Agent or Lenders under this Loan Agreement of any kind whatsoever, all of which shall be paid by Borrower to Agent upon demand with interest at the Default Rate from the time incurred by Agent or Lenders to the date of payment to Agent, and all of the foregoing sums, including such interest at the Default Rate, shall be deemed and shall constitute disbursements of Loan proceeds under this Loan Agreement and be evidenced by the Note and secured by the Security Documents.