Common use of No Holdbacks Clause in Contracts

No Holdbacks. The proceeds of each Mortgage Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each Mortgage Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Closing Date have been complied with, or any such funds so escrowed have not been released.

Appears in 108 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq13), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Hq13)

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No Holdbacks. The proceeds of each Mortgage Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each Mortgage Loan, any and all requirements as to completion of any on-site or off-site improvement and that must be satisfied as a condition to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Closing Date have been complied withDate, or any such funds so escrowed have not been released.

Appears in 43 contracts

Samples: Tiaa Mortgage Loan Purchase Agreement (TIAA Seasoned Commercial Mortgage Trust 2007-C4), Mortgage Loan Purchase Agreement Suntrust Loans (Morgan Stanley Dean Witter Capital I Inc), Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2007-Iq16)

No Holdbacks. The proceeds of each Mortgage Purchased Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each Mortgage Purchased Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Closing Purchase Date have been complied with, or any such funds so escrowed have not been released.

Appears in 4 contracts

Samples: Master Repurchase Agreement (CBRE Realty Finance Inc), Bailee Agreement (Capital Trust Inc), Master Repurchase Agreement (Anthracite Capital Inc)

No Holdbacks. The proceeds of each Mortgage Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each Mortgage Loan, any and all requirements as to completion of any on-site or off-site improvement and that must be satisfied as a condition to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Closing Date have been complied withDate, or any such funds so escrowed have not been released.

Appears in 3 contracts

Samples: Mortgage Loan Purchase Agreement (Morgan Stanley Capital I Trust 2006-Hq10), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2006-Hq10), Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2007-Hq12)

No Holdbacks. The proceeds of each Mortgage Loan have been fully disbursed and there is no obligation for future advances with respect theretoto the Mortgage Loans. With respect to each Mortgage Loan, any Any and all requirements under each Mortgage Loan as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds escrowed for such purpose therefor that were to have been complied with on or before the Closing Date have been complied with, with or any such escrow funds so escrowed have not been released.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Salomon Brothers Mortgage Securities Vii Inc)

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No Holdbacks. The proceeds of each the Mortgage Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each the Mortgage Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Closing Date have been complied with, or any such funds so escrowed have not been released.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Gmac Commercial Mortgage Securities Inc)

No Holdbacks. The proceeds of each Mortgage Loan have been fully disbursed and there is no obligation for future advances with respect thereto. With respect to each Mortgage Loan, any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any funds escrowed for such purpose that were to have been complied with on or before the Closing related Purchase Date have been complied with, or any such funds so escrowed have not been released.

Appears in 1 contract

Samples: Master Repurchase Agreement (New Century Financial Corp)

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