Common use of Loan Closing Clause in Contracts

Loan Closing. “Loan Closing” or “Closing Date” means the date on which all or any part of the proceeds of the Loan are initially disbursed by Lender to or for the benefit of Borrower.

Loan Closing. “Loan Closing” " or “"Closing Date” " means the earlier of the first date on which all or any part of the proceeds of the Loan are initially disbursed by the Lender to or for the benefit of Borrower.