Common use of Advance of Loan Proceeds Clause in Contracts

Advance of Loan Proceeds. (a) The Department agrees to advance to the Borrower pursuant to this Agreement up to One Million Forty-Two Thousand Six Hundred Ninety-Five Dollars ($1,042,695) to pay Project Costs in accordance with the Project Budget.

Advance of Loan Proceeds. (a) The Department agrees to advance to the Borrower pursuant to this Agreement up to One Million Forty-Two Thousand Six Hundred NinetyThirty-Five Thousand Dollars ($1,042,6951,035,000) to pay Project Costs in accordance with the Project Budget.

Advance of Loan Proceeds. (a) The Department agrees to advance to the Borrower pursuant to this Agreement up to One Million Forty-Two Seven Hundred Thousand Six Hundred Ninety-Five Dollars ($1,042,6951,700,000) to pay Project Costs in accordance with the Project Budget.

Advance of Loan Proceeds. (a) The Department agrees to advance to the Borrower pursuant to this Agreement up to One Million Forty-Two Fifty Thousand Six Hundred Ninety-Five Dollars ($1,042,6951,050,000) to pay Project Costs in accordance with the Project Budget.

Advance of Loan Proceeds. (a) The Department agrees to advance to the Borrower pursuant to this Agreement up to Nine Hundred and One Million Forty-Two Thousand Six One Hundred Ninety-Five Seventy Dollars ($1,042,695901,170) to pay Project Costs in accordance with the Project Budget.