Examples of Closing Month in a sentence
Interest for any partial calendar month in which the Closing Date occurs (the “ Closing Month Interest”) shall be deducted from the funds disbursed by Lender on the Closing Date.
To the extent Contributor receives rent under the Leases following the tenants’ payments of the Closing Month Rent, Contributor agrees and covenants to forthwith tender such payments to Operating Partnership and to cooperate with Operating Partnership (at no cost to Contributor) to obtain the consent of the tenants under the Leases to designate the Property LLCs as the payees under the Leases.
The Closing Three Month Revenue and the Closing Month Revenue shall be greater than $10,000,000, the Closing Weekly Revenue shall be greater than $2,350,000 and the Closing Inventory shall be greater than $53,500,000.
In addition, a Sub-fund may buy protection under credit default swaps without holding the underlying assets.
Additional Reserves are required for any policy that was active prior to the Closing Month.