Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.
Loan Closing means the date upon which the Borrower shall deliver its Borrower Bond, as previously authorized, executed, attested and, if applicable, authenticated, to the State.
Loan Closing means the date upon which the I-Bank shall issue and deliver the I-Bank Bonds and the Borrower shall deliver its Borrower Bond, as previously authorized, executed, attested and, if applicable, authenticated, to the I-Bank.
Examples of Loan Closing in a sentence
Within twelve (12) months after the Loan Closing, the Governmental Agency shall initiate construction of the Project.
More Definitions of Loan Closing
Loan Closing means the date upon which the Trust shall issue and deliver the Trust Bonds and the Borrower shall deliver its Borrower Bond, as previously authorized, executed, attested and authenticated, to the Trust.
Loan Closing means that time agreed upon by the borrower and lender, when the execution of the loan documents by the borrower occurs;
Loan Closing means the issuance of the Bond and the recording of the Deed of Trust.
Loan Closing means the date on which an executed Loan Agreement between the I-Bank and a Borrower is delivered pursuant to this Indenture.
Loan Closing or "Loan Closing Date" shall mean the disbursement of Loan funds, which shall occur within ten (10) days of the execution and delivery of this Agreement.
Loan Closing means the date on which the Loan closes, in accordance with Article 3 of this Agreement.
Loan Closing or "Loan Closing Date" shall mean the initial disbursement of Loan funds which shall occur on a date 30 days from the date hereof or such earlier date on which Borrower requests, and Lender approves, as the date at which the initial advance of the Loan funds shall be consummated, provided that such date may be mutually extended beyond 30 days, but only by written agreement of the parties hereto.