Closing Funds definition

Closing Funds. As defined in Section 4.4.
Closing Funds means the gross or net proceeds of the real estate transaction, including any loan funds, to be disbursed by the settlement agent as part of the disbursement of settlement proceeds on behalf of the parties.
Closing Funds means the money necessary to complete or close a transaction in real estate; “transaction in real estate” means,

Examples of Closing Funds in a sentence

  • Closing Funds The budgeted closing funds fluctuate throughout the year, due to the ongoing impact of Council decisions and budget recognition of additional revenue and costs.

  • Broker Dealer shall invoice the Issuer for all Reimbursable Expenses not deducted from the Closing Funds.

  • Unless we otherwise agree in writing and subject to clause 3.2, the price charged and payable for the Goods and Services shall be the price in Australian dollars at the date we provide the Quote or, if there is no Quote, the date of delivery of the Goods or Services to you, together with any applicable taxes, charges and delivery costs regarding the Goods and Services.

  • You have received the Loan Proceeds and all other funds necessary to close the transaction, if any (collectively, the “Closing Funds”) and are prepared to immediately disburse the Closing Funds in accordance with the Settlement Statement upon proper authorization in accordance with these Closing Instructions.

  • The purchase price to be paid is: 37 $ , U.S. Dollars, 38 (“Purchase Price”) which shall be disbursed at Buyer’s expense and paid to Seller or Seller’s Closing Agency in the 39 same form as deemed acceptable under the Tennessee Residential Closing Funds Distribution Act of 2005, as amended 40 in Tenn.


More Definitions of Closing Funds

Closing Funds shall have the meaning assigned thereto in Section 2.2(a)(iii).
Closing Funds is defined in Section 2.1.
Closing Funds means $2,470,000.
Closing Funds has the meaning ascribed to it in Section 2.5.
Closing Funds. ’ means funds collected and disbursed at real estate closing.
Closing Funds means the gross or net proceeds of the real estate
Closing Funds is defined in paragraph 5(b) of this Agreement.