Construction Loan

Example Definitions of "Construction Loan"
Construction Loan. The construction line of credit in the maximum principal amount of $50,000,000.00 extended to Borrower from Lender pursuant to the Construction Agreement as evidenced by that certain Construction Loan Promissory Note dated as of even date herewith in the principal amount of $50,000,000.00, including any and all amendments, modifications, renewals, increases and extensions thereof.
Construction Loan. Construction loan in the maximum amount of THREE MILLION ONE HUNDRED THOUSAND AND NO/100 Dollars ($3,100,000.00)
Construction Loan. That certain loan dated August 29, 2012 from Synovus Bank in the maximum principal amount of $17,328,027 for the development of the property and construction of improvements thereon
Construction Loan. That certain loan dated on or about the date hereof from Construction Lender in the amount of $15,073,041 for the development of the Property and construction of improvements thereon.
All Definitions