Loan Closing definition

Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.
Loan Closing means the date upon which the Borrower shall deliver its Borrower Bond, as previously authorized, executed, attested and, if applicable, authenticated, to the State.
Loan Closing means the date upon which the I-Bank shall issue and deliver the I-Bank Bonds and the Borrower shall deliver its Borrower Bond, as previously authorized, executed, attested and, if applicable, authenticated, to the I-Bank.

Examples of Loan Closing in a sentence

  • Subject to the completion of the Loan Closing and upon the terms and subject to the conditions set forth in this Agreement, the Company hereby redeems from the Redeemed Owner, and the Redeemed Owner hereby sells, assigns, transfers and conveys to the Company, the Redeemed Interest, free and clear of all liens and Claims (the “Redemption”).

  • If for any reason the Loan Closing does not occur as contemplated in the Credit Agreement, this Agreement shall terminate and be of no further effect without liability on the part of either Party.

  • The closing of the Redemption (the “Closing”) shall take place promptly (but in no event not later than two (2) business days) following the Loan Closing.


More Definitions of Loan Closing

Loan Closing means the date upon which the Trust shall issue and deliver the Trust Bonds and the Borrower shall deliver its Borrower Bond, as previously authorized, executed, attested and authenticated, to the Trust.
Loan Closing means the date on which an executed Loan Agreement between the I-Bank and a Borrower is delivered pursuant to this Indenture.
Loan Closing means the issuance of the Bond and the recording of the Deed of Trust.
Loan Closing means the time agreed upon by the borrower and lender, as applicable, when the execution and delivery of loan documents by the borrower occurs.
Loan Closing or "Loan Closing Date" shall mean the disbursement of Loan funds, which shall occur within ten (10) days of the execution and delivery of this Agreement.
Loan Closing means the date on which the Loan closes, in accordance with Article 3 of this Agreement.
Loan Closing means the date of execution and delivery of this Loan Agreement.