Common use of Proceeds Fully Disbursed Clause in Contracts

Proceeds Fully Disbursed. The proceeds of the Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder and the Mortgage Loan Seller covenants that it will not make any future advances under the Mortgage Loan to the related Mortgagor. No advance of funds (other than the initial disbursement of proceeds) has been made by the Mortgage Loan Seller, any affiliate or any third party originator to the related Mortgagor and no funds have been received from or on behalf of any person other than the related Mortgagor for, or on account of, payments due on the Mortgage Loan.

Proceeds Fully Disbursed. The proceeds of the Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder and the Mortgage Loan Seller covenants that it will not make any future advances under the Mortgage Loan to the related Mortgagor. No advance of funds (other than the initial disbursement of proceeds) has been made by the Mortgage Loan Seller, any affiliate or any third party originator to the related Mortgagor (other than mezzanine debt that is set forth on Exhibit D) and no funds have been received from or on behalf of any person other than the related Mortgagor for, or on account of, payments due on the Mortgage Loan.

Proceeds Fully Disbursed. The proceeds of the each Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder and the Mortgage Loan Seller covenants that it will not make any future advances under the Mortgage Loan to the related Mortgagor. No advance of funds (other than the initial disbursement of proceeds) has been made by the Mortgage Loan SellerSeller , any affiliate or any third party originator to the related Mortgagor (other than mezzanine debt that is set forth on Exhibit G) and no funds have been received from or on behalf of any person other than the related Mortgagor for, or on account of, payments due on the Mortgage Loan.

Proceeds Fully Disbursed. The Except as specified in Exhibit D, the proceeds of the Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder and the Mortgage Loan Seller covenants that it will not make any future advances under the Mortgage Loan to the related Mortgagor. No advance of funds (other than the initial disbursement of proceeds) has been made by the Mortgage Loan Seller, any affiliate or any third party originator to the related Mortgagor (other than mezzanine debt that is set forth on Exhibit D) and no funds have been received from or on behalf of any person other than the related Mortgagor for, or on account of, payments due on the Mortgage Loan.