Closing Requirements definition
Examples of Closing Requirements in a sentence
With the exception of the Grant Closing Requirements set forth in Exhibit B, Section 6, CCC shall complete the project activities as set forth below.
Upon the full execution of this Amendment and delivery or completion, as applicable, of the Closing Requirements, without any further action required by the parties hereto, the amendments to the Credit Agreement contemplated by this Amendment shall be deemed effective as of the date hereof.
Borrower shall also satisfy the Post Closing Requirements within the time periods set forth on Schedule 12.37.
The conditions precedent to the effectiveness of this Amendment and the closing the loan modification contemplated by this Amendment are set forth in that certain Closing Requirements and Checklist – Second Loan Modification, which lists items required by Administrative Agent for the closing of said modification of the Loan.
Seller also agrees to comply, at or prior to Closing, with all requirements shown on the title insurance commitment on the Property which will be issued prior to the Closing ("Requirements").
All funds will be released to the Company from time to time as Purchaser’s Closing Requirements (as defined in the Private Placement Memorandum) are confirmed to be satisfied after the close of the offering.
To exercise the Option, the Developer shall deliver to the offices of the City Manager written notice of its intent to exercise the Option (the “Notice to Exercise”) prior to the expiration of the Option Term, which notice shall demonstrate the satisfaction of the Closing Requirements.
The Parties shall confirm in writing that all Closing Requirements have occurred.
With the exception of the Grant Closing Requirements set forth in Exhibit B, Section 6, the grantee shall complete the FWHP, BUF and general administration activities as set forth below.
Upon satisfaction of the Closing Requirements, the City Loan shall be disbursed to Borrower in accordance with the Disbursement Agreement.