Examples of Financing Plan in a sentence
The Borrower has submitted to the County and the County has approved in the exercise of its discretion evidence that the funds identified as committed to the acquisition of the Property in the approved Financing Plan to be ATTACHMENT N 1 available on the Conversion Date are in fact unconditionally and readily available to Borrower for the Property as of the Close of Escrow.
The County agrees that the Deed of Trust may be subordinate to the lien of a permanent loan secured by a Senior Construction/Permanent Deed of Trust (and any refinancing of said permanent loan secured by the Senior Construction/Permanent Deed of Trust) securing financing in an amount not to exceed $[XXX,XXX] so long as (i) the documentation for said loan is approved by the County and (ii) said loan is otherwise provided for and approved by the County in the Financing Plan.