Common Contracts

FORM OF DISBURSING AGREEMENT

Form of Disbursing Agreement • May 5th, 2020 • California

• Contract Type
  Form of Disbursing Agreement
• Filed
  May 5th, 2020
• Jurisdiction
  California

THIS DISBURSING AGREEMENT (this “Agreement”) is made and entered into as of September _, 2011, by and among Clearinghouse Community Development Financial Institution, a California corporation, its designee(s), agents or replacements (the “Disbursing Agent”), CCG Sub-CDE 8, LLC, a Delaware limited liability company (“CCG), LEDC – CDE I, LLC, a Delaware limited liability company (“LEDC”; each of CCG and LEDC, a “Lender”, and collectively, “Lenders”), NTC Liberty Station II, LLC, a California limited liability company (“Borrower”), and U.S. Bancorp Community Development Corporation, a Minnesota corporation (“USBCDC”).