[CONFIRM WITH DEAL TERMS Sample Clauses

[CONFIRM WITH DEAL TERMS. With the prior written approval of the Mortgagee, one-third of such Working Capital Escrow Funds (less the portion thereof previously used) may be returned to Mortgagor one year after Final Closing (as defined in the Loan Documents); one-third (less the portion thereof previously used) may be returned to Mortgagor two years after Final Closing; and the balance may be returned to Mortgagor three years after the Final Closing.]
Sample 1
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[CONFIRM WITH DEAL TERMS. With the prior written approval of the Mortgagee, the original amount of the Letter of Credit may be reduced by one-third (1/3) (less the portion thereof previously used) one (1) year after Final Closing (as defined in the Loan Documents); the original amount of the Letter of Credit may be reduced by one-third (1/3) (less the portion thereof previously used) two (2) years after Final Closing; and reduced by a final one-third (1/3) three (3) years after Final Closing, at which time the Letter of Credit may be returned to Mortgagor.]
Sample 1

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