Common use of Use of Loan Agreement Proceeds Clause in Contracts

Use of Loan Agreement Proceeds. The Governmental Unit shall proceed without delay in applying the proceeds of this Loan Agreement and the Finance Authority Debt Service to the acquisition of the Project, less the deposit to the Finance Authority Debt Service Account, if any.

Use of Loan Agreement Proceeds. The Governmental Unit shall proceed without delay in applying the proceeds of this Loan Agreement and (less the deposits to the Loan Agreement Reserve Account, if any, the Finance Authority Debt Service Account and the Processing Fee) to the acquisition of the Project, less the deposit to the Finance Authority Debt Service Account, if any.

Use of Loan Agreement Proceeds. The Governmental Unit shall proceed without delay in applying the proceeds of this Loan Agreement and (less the Finance Authority Debt Service deposits to the acquisition of the ProjectLoan Agreement Reserve Account, less the deposit to the Finance Authority Debt Service Account, if any, and the payment of the Processing Fee) to the acquisition, construction and completion of the Project.

Use of Loan Agreement Proceeds. The Governmental Unit shall proceed without delay in applying the proceeds of this Loan Agreement and (less the deposits to the Loan Agreement Reserve Account, the Capitalized Interest Account, the Finance Authority Debt Service Account and the Processing Fee) to the acquisition of the Project, less the deposit to the Finance Authority Debt Service Account, if any.

Use of Loan Agreement Proceeds. The Governmental Unit shall proceed without delay in applying the proceeds of this Loan Agreement (less the deposits to the Loan Agreement Reserve Account, if any, and the Finance Authority Debt Service Account) to the acquisition financing of the Project, less the deposit to the Finance Authority Debt Service Account, if any.

Use of Loan Agreement Proceeds. The Governmental Unit shall proceed without delay in applying the proceeds of this Loan Agreement (less the deposits to the Loan Agreement Reserve Account and the Finance Authority Debt Service Account) to the acquisition completion of the Project, less the deposit to the Finance Authority Debt Service Account, if any.