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 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 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

• The Department shall not approve Loan Closing nor disburse any funds pursuant to this Agreement until Recipient has satisfied each of the conditions in this Part entitled “Conditions for Loan Closing,” or the Department has, in writing, waived or excused performance of the condition.

• The Recipient agrees that, except as approved by the Department in accordance with Section 300.8 of the MORE Guidelines, Work shall not commence prior to Loan Closing.

• After Loan Closing, Recipient shall issue a Notice to Proceed to the Contractor to commence construction activities in connection with the Work.

• If the Work will not cause any displacement, the Recipient must submit to the Department an original fully executed Certification Regarding Non-Application of Relocation Benefits and Indemnification Agreement (prepared by the Department) prior to Loan Closing along with corroborating documentation for the Department’s review and approval, establishing to the Department’s satisfaction that there are no relocation requirements.

• The Department must approve the relocation plan prior to Loan Closing.

More Definitions of Loan Closing

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 issuance of the Bond and the recording of the Deed of 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 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 upon which the Trust shall fund the Loan and the Borrower shall deliver its fully authorized, executed and attested Borrower Bond, to the Trust.