Common use of Funding at Closing Clause in Contracts

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the Borrowers, followed by deposit of the same into the applicable Sub-Account or Account of the Lock Box Account in accordance with the Cash Management Agreement on the Closing Date. Notwithstanding such deductions, the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the Borrowers, followed by prompt deposit of the same into the applicable Sub-Account or Account of the Lock Box Deposit Account in accordance with the Cash Management Agreement on the Closing Dateterms hereof. Notwithstanding such deductions, the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the Borrowers, followed by deposit of the same into the applicable Sub-Account or Account of the Lock Box Central Account in accordance with the Cash Management Agreement on the Closing Date. Notwithstanding such deductions, the initial Principal Amount of the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers Borrower shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the BorrowersBorrower, followed by prompt deposit of the same into the applicable Sub-Account or Account of the Lock Box Central Account in accordance with the Cash Management Agreement on the Closing DateAgreement. Notwithstanding such deductions, the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the BorrowersInitial Borrower, followed by deposit of the same into the applicable Sub-Account or Account of the Lock Box Central Account in accordance with the Cash Management Agreement on the Closing Date. Notwithstanding such deductions, the initial Principal Amount of the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the Initial Borrowers, followed by deposit of the same into the applicable Sub-Account or Account of the Lock Box Central Account in accordance with the Cash Management Agreement on the Closing Date. Notwithstanding such deductions, the initial Principal Amount of the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan Loans (pro rata) that otherwise would be disbursed to the Borrowers, followed by deposit of the same into the applicable Sub-Account or Account of the Lock Box Account in accordance with the Cash Management Agreement on the Closing Date. Notwithstanding such deductions, the Loan Loans shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers Borrower shall deposit with Lender the amounts ------------------ necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the BorrowersBorrower, followed by prompt deposit of the same into the applicable Sub-Account or Account of the Lock Box Central Account in accordance with the Cash Management Agreement on the Closing DateAgreement. Notwithstanding such deductions, the Loan shall be deemed for all purposes to be fully disbursed at Closing.

Funding at Closing. The Borrowers shall deposit with Lender the amounts necessary to fund each of the Reserves as set forth below. Deposits into the Reserves at Closing may occur by deduction from the amount of the Loan that otherwise would be disbursed to the Borrowers, followed by prompt deposit of the same into the applicable Sub-Account or Account of the Lock Box Central Account in accordance with the Cash Management Agreement on the Closing DateAgreement. Notwithstanding such deductions, the Loan shall be deemed for all purposes to be fully disbursed at Closing.