No Future Advances. The full original principal amount of each Mortgage Loan, net of any discounts, has been fully advanced or disbursed to the Mortgagor named therein, unless otherwise expressly agreed by the parties in writing. There is no requirement for future advances and any and all requirements as to completion of any on-site or off-site improvements and as to disbursements of any escrow funds therefor have been satisfied.
Appears in 6 contracts
Samples: Master Repurchase Agreement (loanDepot, Inc.), Revolving Credit and Security Agreement (Fieldstone Investment Corp), Revolving Credit and Security Agreement (Aames Financial Corp/De)