Common use of Evidence for utilization of disbursement Clause in Contracts

Evidence for utilization of disbursement. Such disbursement shall at the time of request therefore be needed immediately by the Borrower for the Purpose of purchase or Construction of the Property as the case may be and the Borrower shall produce such evidence of the proposed utilization of the proceeds of the disbursement as is found satisfactory by IHFL.

Evidence for utilization of disbursement. Such disbursement shall shall, at the time of request therefore thereof, be needed immediately by the Borrower for the Purpose purpose of purchase or Construction construction of the Property property, as the case may be be, and the Borrower shall produce such evidence of the proposed utilization of the proceeds of the disbursement as is found satisfactory by IHFLAHFL.

Evidence for utilization of disbursement. Such disbursement Disbursement shall at the time of request therefore therefore, be needed immediately by the Borrower for the Purpose purpose of purchase or Construction construction or extension or improvement of the Property or any other asset as specified in the End Use of Funds letter, as the case may be be, and the Borrower shall produce such evidence of the proposed utilization of the proceeds of the disbursement as is found satisfactory by IHFLthe Lender.