Common use of Initial operating funds Clause in Contracts

Initial operating funds. The mortgagor shall deposit cash with the mortgagee, or in a depository satisfactory to the mortgagee and under control of the mortgagee, in ac- cordance with terms, conditions and standards established by the Commis- sioner for:

Appears in 5 contracts

Samples: Building Loan Agreement, Building Loan Agreement, Building Loan Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!