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 (less the deposits to the Loan Agreement Reserve Account, if any, and the Finance Authority Debt Service Account) to the financing of the Project.

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 AccountAccount and the Processing Fee) to the financing acquisition of the Project.

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, Account and the Finance Authority Debt Service Account) to the financing completion of the Project.

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, if any, and the payment of the Processing Fee) to the financing 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 (less the deposits to the Loan Agreement Reserve Account, if anythe Capitalized Interest Account, and the Finance Authority Debt Service AccountAccount and the Processing Fee) to the financing acquisition of the Project.

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 financing acquisition of the Project, less the deposit to the Finance Authority Debt Service Account, if any.