Timing of Disbursements. Lender shall exercise diligent and good faith efforts to disburse funds for all approved Items in any Application for Payment within the applicable Lender Payment Turnaround Period. EXHIBIT E LEASING PARAMETERS Minimum: $3.00 per square foot full service rent monthly; $45.00 per square foot for tenant improvement allowance; lease terms to vary between 3, 5, 7 and 10 years. EXHIBIT F CERTIFICATE OF APPROVAL This is a Certificate of Approval, as defined in that certain Construction Loan Agreement between San Rxxxxx Corporate Center, LLC, a Delaware limited liability company, as Borrower, and Riverside Finance Company, L.L.C., as Lender, dated as of _______________, 2002. All capitalized and undefined terms used in this Certificate shall have the meanings given them in such Construction Loan Agreement. Borrower hereby certifies to Lender that since the date of the immediately preceding Certificate of Approval [or in the case of the first Certificate of Approval, "since the date of the execution of the Loan Agreement"], the following matters, which require the approval of Lender under the Loan Documents, were approved by [EOP INVESTOR] or [EOP PROJECT INVESTOR] in the following manner: _______________________________________________________________________________ _______________________________________________________________________________ ________________________________________________, and such approval has not been rescinded as of this date. All other matters that arose between the date of the immediately preceding Certificate of Approval [or in the case of the first Certificate of Approval, "since the date of the execution of the Loan Agreement"] do not require the consent of the [EOP INVESTOR] or [EOP PROJECT INVESTOR]. The undersigned hereby certifies that the matters set forth above are true and correct as of this date. _________________________________, a _______________________________ By:______________________________ Its: ____________________________ Date:____________________________ EXHIBIT G SCHEDULE OF PRE-CLOSING DISBURSEMENTS DATE OF ADVANCE AMOUNT OF ADVANCE --------------- ----------------- 9/27/2000 $ 1,123,757.43 10/04/2000 460,442.69 10/12/2000 357,503.38 10/31/2000 28,335.42 10/31/2000 9,277.97 11/03/2000 326,033.23 11/22/2000 378,235.00 12/08/2000 47,246.58 12/13/2000 213,709.53 12/15/2000 666,755.84 1/17/2001 383,535.76 1/19/2001 630,119.92 2/13/2001 951,394.24 3/22/2001 652,082.91 4/17/2001 475,402.33 4/25/2001 461,337.52 5/25/2001...
Timing of Disbursements. At any time, and from time to time, after the execution of this Agreement, the Borrower may, by notice to the Lender, request that a Disbursement be made, provided that a request for a Disbursement shall be made no more frequently than quarterly. Upon receipt of a request for a Disbursement and subject to the terms of this Agreement, the Lender shall, within thirty (30) Business Days, disburse the Disbursement to the Borrower on account of the Loan in the amount of the request. If a request for a Disbursement is made and rejected by the Lender for a failure to fulfill the conditions set forth in Article 6 hereof, upon fulfillment of the said conditions, the Borrower may immediately resubmit the request for the Disbursement;
Timing of Disbursements. As set forth above, disbursement requests are to be signed by Seller and Buyer and facsimile copies may be delivered to Escrow Holder. Concurrently with delivery of each disbursement request to Escrow Holder, Seller and Buyer shall deliver to the other a copy of such disbursement request to the other party. In addition, within one (1) business day after receipt of a disbursement request signed by Seller or Buyer, Escrow Holder shall deliver by facsimile to the non-requesting party a copy of the disbursement request. If Escrow Holder does not receive an objection to the disbursement signed by Seller or Buyer within five (5) business days after the date the party to whom the disbursement is to be made delivers to Escrow Holder and the other party a signed disbursement request, then Escrow Holder is hereby authorized to make the requested disbursement.
Timing of Disbursements. On or about the ____( ) day of each month, or at such other times as Lender may deem appropriate, Borrower shall submit to Lender a written itemized statement ("Application for Payment"), signed by Borrower, setting forth:
Timing of Disbursements. The Escrow Agent shall make disbursements from the Escrow Fund, in accordance with any joint written disbursement directions executed by Parent and the Company pursuant to this Section 4, within two (2) Business Days after receipt of such directions or at any later time specified in such directions.
Timing of Disbursements. The Escrow Agent shall make disbursements from the Escrow Fund, in accordance with any joint written disbursement directions which are executed by Parent and Stockholder Representative or any written disbursement directions delivered pursuant to Section 4.3 hereof, within two (2) Business Days after receipt of such directions or at any later time specified in such directions. The Escrow Agent shall make disbursements from the Escrow Fund, in accordance with any written disbursement directions delivered pursuant to Section 4.2, Section 4.4 or Section 4.5 hereof, on the fifth (5) Business Day after receipt of such directions.
Timing of Disbursements. The disbursement of each Advance shall be made upon notice provided by the relevant Borrower ("Notice of Borrowing") to Lender not later than one business day prior to the date of an Advance specifying the date of disbursement (which date shall be a business day) and the amount of the Advance.
Timing of Disbursements. Unless another provision of this Agreement ----------------------- specifies otherwise, Borrower shall submit to Lender, not more frequently than monthly, a Disbursement Request and a written itemized statement ("Progress Certificate and Request for Payment Form") attached hereto, signed by Borrower setting forth:
Timing of Disbursements. No later than the tenth (10th) ----------------------- Business Day of each calendar month (except in the case of the Initial Disbursement), and at such other times as Lender may agree, Borrower shall submit to Lender a Request for Disbursement accompanied by the information, documents and materials required pursuant to the provisions of this Agreement. Lender will not review and approve any Request for Disbursement not submitted by the date set forth in the preceding sentence until the next succeeding month and no Loan funds will be disbursed other than pursuant to a Request for Disbursement that has been reviewed and approved by Lender. Each Request for Disbursement by Borrower shall constitute a representation and warranty by Borrower that, (i) at such time, each of the conditions precedent to Disbursements specified in Articles IV and V of this Agreement is satisfied, and (ii) all of the representations and warranties contained in Articles IV and V are true and correct in all material respects on the date of such Request for Disbursement. Lender shall make each Disbursement within the time period set forth in Section 2.09(i).
Timing of Disbursements. Lender shall exercise diligent and good faith efforts to disburse funds for all approved Items in any Application for Payment within the applicable Lender Payment Turnaround Period. EXHIBIT E LEASING PARAMETERS None. Project is fully leased for 13-year term. All new leases subject to Lender’s approval. EXHIBIT F
