Common use of Sources and Uses Statement Clause in Contracts

Sources and Uses Statement. A Sources and Uses Statement which evidences that none of the proceeds of the Loan are used to pay acquisition fees, brokers’ commissions or related or similar expenses to any Loan Party, Property Owner or Affiliate of any of the foregoing.

Appears in 3 contracts

Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)

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Sources and Uses Statement. A Sources and Uses Statement which evidences that none of the proceeds of the Loan are used to pay acquisition fees, brokers' commissions or related or similar expenses to any Loan Party, Property Owner or Affiliate of any of the foregoing.

Appears in 1 contract

Samples: Loan Agreement (Prime Retail Inc/Bd/)

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