Closing Disbursement definition
Examples of Closing Disbursement in a sentence
The City is in receipt of the attached Closing Disbursement Request, acknowledges the Closing Disbursement Request, and finds the Closing Disbursement Request to be in order.
After reviewing the Closing Disbursement Request, the City approves the Closing Disbursement Request to the extent set forth below and authorizes and directs payment by Trustee in such amounts and from the accounts listed below, to the Developer or other person designated by the Developer herein.
After reviewing the Closing Disbursement Request, the City approves the Closing Disbursement Request and directs payment to be made from Costs of Issuance Account upon delivery of the PID Bonds.
In accordance with the terms of the Merger Agreement, immediately prior to the Closing, the Purchaser will cause to be deposited with the Exchange Agent, in trust for the Stockholders, the Closing Disbursement and, as soon as commercially practicable but in any event no later than three Business Days after the Special Meeting, the Note Satisfaction Shares or Note Satisfaction Cash (as defined herein), as the case may be.
Disbursement of Loan Proceeds at Origination/Closing Closing Disbursement Authorizers: Administrative Agent is authorized to accept one or more Disbursement Requests from any of the individuals named below (each, a “Closing Disbursement Authorizer”) to disburse Loan proceeds on or about the date of the Loan origination/closing and to initiate Disbursements in connection therewith (each, a “Closing Disbursement”): Individual’s Name Title 1.
Payment in full of the Existing Bank Loan from the Closing Disbursement under the Credit Facility.
All financial statements must be in form and detail acceptable to Lender and must be certified as to accuracy by Borrower or the respective Guarantor, as the case may be, and from and after the time of any advance of the Loan after the Closing Disbursement must be audited by a nationally recognized independent certified public accounting firm.
Each of the named persons listed below in this Certificate is authorized to execute any other closing documents, which may include the Borrower Administrative Questionnaire and a Loan Closing Disbursement Agreement, other agreements and instruments executed in connection therewith, as of the date hereof, and any other instructions related to the Warrant Credit Agreement.
Prior to disbursement of proceeds, City Construction Representative will sign the Closing Disbursement Request and deliver said Closing Disbursement Request to the Trustee.
The conditions precedent to closing the Loan and recording the Mortgage and making the Closing Disbursement, and making the first advance after the Closing Disbursement, the second advance after the Closing Disbursement and subsequent advances, are set forth in the Closing Checklist.