Common use of No Holdbacks Clause in Contracts

No Holdbacks. The proceeds of the Purchased Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each Purchased Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Purchase Date have been complied with, or any such funds so escrowed have not been released.

No Holdbacks. The proceeds of the each Purchased Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With Except as disclosed in any Purchased Loan Documents, with respect to each Purchased Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Purchase Date have been complied with, or any such funds so escrowed have not been released.

No Holdbacks. The proceeds of the each Purchased Loan have been fully ------------ disbursed and there is no obligation for future advances with respect thereto. With respect to each Purchased Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Purchase Date have been complied with, or any such funds so escrowed have not been released.

No Holdbacks. The proceeds of the each Purchased Loan have been fully disbursed and there is no obligation for future advances with respect theretothereto . With respect to each Purchased Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Purchase Date have been complied with, or any such funds so escrowed have not been released.