Closing Funds definition
Closing Funds. As defined in Section 4.4.
Closing Funds means the gross or net proceeds of the real estate transaction, including any loan funds, to be disbursed by the settlement agent as part of the disbursement of settlement proceeds on behalf of the parties.
Closing Funds means the money necessary to complete or close a transaction in real estate; “transaction in real estate” means,
Examples of Closing Funds in a sentence
On the Closing Date (as defined below) of the Purchase, Nobility will transfer the Cash Portion of the Closing Funds to the Seller according to the wire instructions provided by the Seller.
More Definitions of Closing Funds
Closing Funds shall have the meaning assigned thereto in Section 2.2(a)(iii).
Closing Funds is defined in Section 2.1.
Closing Funds has the meaning ascribed to it in Section 2.5.
Closing Funds means $2,470,000.
Closing Funds has the meaning ascribed to such term in Section 3.2(a).
Closing Funds means the aggregate amount to be provided pursuant to the Equity Financing and the Debt Financing;
Closing Funds means the $37,000.00 currently held in ▇▇▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, LLP's client trust account that was tendered to GPN by Terra on or about November 28, 2001.