Final Disbursement to Borrower for Hard Costs and Soft Costs Sample Clauses

Final Disbursement to Borrower for Hard Costs and Soft Costs. The final Disbursement to Borrower from the Building Loan and the Project Loan, including the Retainage, shall be disbursed only upon Lender’s receipt of the following:
Sample 1
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Final Disbursement to Borrower for Hard Costs and Soft Costs. The final Disbursement to Borrower from the Building Loan and the Project Loan, including the Retainage (but excluding the Funds necessary pursuant to Section 3.17 below to establish the Punch List Sub Reserve), shall be disbursed only upon Lender’s receipt of the following:
Sample 1

Related to Final Disbursement to Borrower for Hard Costs and Soft Costs

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

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