Common use of Closing Statement Clause in Contracts

Closing Statement. Lender and Borrower shall have agreed upon a detailed closing statement in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s sources and uses of funds on the Closing Date.

Appears in 18 contracts

Sources: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Great Wolf Resorts, Inc.), Loan Agreement (Affordable Residential Communities Inc)

Closing Statement. Lender and Borrower shall have agreed upon a detailed closing statement from Borrower in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s sources and uses of funds on the Closing Date.

Appears in 4 contracts

Sources: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrowers in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s Borrowers’ sources and uses of funds on the Closing Date, together with a fully executed counterpart of the Loan Closing Statement prepared by Lender.

Appears in 3 contracts

Sources: Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Mezzanine Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)

Closing Statement. Lender and Borrower shall have agreed upon a detailed closing statement in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s 's sources and uses of funds on the Closing Date.

Appears in 2 contracts

Sources: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Great Wolf Resorts, Inc.)

Closing Statement. The Lender and Borrower shall have agreed upon received a detailed closing statement from the Borrower in a form reasonably acceptable to the Lender, which includes a complete description of the Borrower’s 's sources and uses of funds on the Closing Date.

Appears in 1 contract

Sources: Loan Agreement (Echelon International Corp)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrowers in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s Borrowers' sources and uses of funds on the Closing Date, together with a fully-executed counterpart of the Loan closing statement prepared by Lender.

Appears in 1 contract

Sources: Loan Agreement (Starwood Hotel & Resorts Worldwide Inc)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrower in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s sources and uses of funds on the Closing Date, together with a fully executed counterpart of the closing statement for the Loan prepared by Lender.

Appears in 1 contract

Sources: Loan Agreement (Colony Resorts LVH Acquisitions LLC)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrowers in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s Borrowers' sources and uses of funds on the Closing Date, together with a fully executed counterpart of the Loan Closing Statement prepared by Lender.

Appears in 1 contract

Sources: Loan Agreement (Strategic Hotel Capital Inc)