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Kind. in the united states financial services industry, however, a construction loan is a more specific type of loan designed for construction and containing features such as interest reserves, where repayment ability may be based on something that can on
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Contingent interest, английский
A percentage of property net income or cash flow after debt service in a participating loan.
Conditions subsequent, английский
Conditions which cannot be satisfied prior to entering into a loan and which have to be satisfied within a certain period of time following entry into the loan. failure to satisfy these conditions, within an agreed timeframe, is typically an event of default.
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