Common use of Full Disbursement of Proceeds Clause in Contracts

Full Disbursement of Proceeds. Except with respect to de minimis completion escrows, the proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;

Full Disbursement of Proceeds. Except with respect to de minimis completion escrows, The Underlying Mortgage Loan has been closed and the proceeds of the Underlying Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee mortgagee to advance additional funds thereunder thereunder, and any and all requirements as to completion of any on-on site or off-off site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Underlying Mortgage Loan and the recording of the Mortgage have been were paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to under the Mortgage Note or Mortgage;Mortgage (with exception to escrow holdbacks).

Full Disbursement of Proceeds. Except with respect to de minimis completion escrows, The Mortgage Loan has been closed and the proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site on‑site or off-site off‑site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee mortgagee pursuant to the Mortgage Note or Mortgage;.

Full Disbursement of Proceeds. Except with respect to de minimis completion escrowsConstruction to Permanent Mortgage Loans, the proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;

Full Disbursement of Proceeds. Except with respect to de minimis completion escrows, the The proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and and, except with respect to any HELOC, there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;

Full Disbursement of Proceeds. Except with respect to de minimis completion escrows, The Mortgage Loan has been closed and the proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee mortgagee pursuant to the Mortgage Note or Mortgage;.

Full Disbursement of Proceeds. Except with respect to de minimis completion escrowsHELOCs, the proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;

Full Disbursement of Proceeds. Except in the case of escrow for buydown loans permitted under this Agreement and completion escrow which comply with respect to de minimis completion escrowsthe Servicing Transfer Procedures, the proceeds of the Mortgage Loan have been fully disbursed to or including any requirement for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder future advances thereunder, and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been were paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to under the Mortgage Note or Mortgage;.