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, the Capitalized Interest Account, the Finance Authority Debt Service Account and the Processing Fee) to the 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, the Capitalized Interest Account, and 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, the Capitalized Interest Accountif any, and the Finance Authority Debt Service Account and the Processing FeeAccount) to the acquisition 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, the Capitalized Interest Account, Account and the Finance Authority Debt Service Account and the Processing FeeAccount) to the acquisition 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, the Capitalized Interest Account, the Finance Authority Debt Service Account Account, if any, and the payment of the Processing Fee) to the acquisition 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, the Capitalized Interest Accountif any, the Finance Authority Debt Service Account and the Processing Fee) to the acquisition of the Project.