Loan Closing Statement definition

Loan Closing Statement means that certain [Loan Closing Statement and Disbursement Instructions] dated as of the Closing Date, executed by ▇▇▇▇▇▇▇▇ and [identify the escrow agent].

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Loan Closing Statement means that certain Loan Closing Statement dated the date hereof, between the Borrower and the Lender.

Loan Closing Statement means that certain [Closing Statement] dated as of the Closing Date, executed by Borrower and First American Title Insurance Company.

Examples of Loan Closing Statement in a sentence

Lender shall have received a detailed closing statement from Borrowers in a form acceptable to Lender, which includes a complete description of Borrowers’ sources and uses of funds on the Closing Date, together with a fully executed counterpart of the Loan Closing Statement prepared by Lender.
Capital Counsel's fee for providing these services is stated on the Loan Closing Statement.
Loan Closing Statement describing expenses and fees due in connection with the closing of the Loans and payment thereof in immediately available funds.
Loan Closing Statement describing expenses due in connection with the closing of the Revolving Credit Loan and payment thereof in immediately available funds.
Loan Closing Statement describing expenses and fees due in connection with the closing of the Credit Facilities and payment thereof in immediately available funds.
Borrower hereby irrevocably authorizes Lender to disburse the proceeds of the Term Loan in immediately available funds as set forth in the Loan Closing Statement executed by Borrower on the Closing Date.
Lender shall have received a detailed closing statement from Borrowers in a form acceptable to Lender, which includes a complete description of Borrowers' sources and uses of funds on the Closing Date, together with a fully executed counterpart of the Loan Closing Statement prepared by Lender.
MCI Counsel’s fee for providing these services is stated on the Loan Closing Statement.
Loan Closing Statement authorizing the payment of expenses due in connection with the closing of the Revolving/Term Loan.
Borrowers agree that should any inadvertent errors or omissions later be discovered in any documents executed at settlement, including the Loan Closing Statement, they shall promptly execute such corrective documents and remit such sums as may be reasonably required to adjust or correct such errors or omissions.

More Definitions of Loan Closing Statement

Loan Closing Statement means the closing statement executed by the Developer in connection with the closing on the Developer’s initial Construction Loan for the Project; Payment Date means August 1, 2021 and each February 1 and August 1 thereafter to and including the Final Payment Date; provided, that if any such Payment Date should not be a Business Day, the Payment Date shall be the next succeeding Business Day;