Sources and Uses Statement definition

Sources and Uses Statement means a document illustrating the sources and uses of funding required for the Project, including those amounts which are expected by the Developer to be funded by the RDC and FDC.
View Source
Sources and Uses Statement has the meaning given to it in clause 24.8 (Sources and Uses).
View Source
Sources and Uses Statement means that certain Sources and Uses Statement attached hereto as Exhibit C signed by Borrower and approved by Lender detailing the immediate and prospective sources of funds and uses of all proceeds of the Restructuring.
View Source

Examples of Sources and Uses Statement in a sentence

  • Within sixty (60) days of the Effective Date, the Developer shall submit its proposed Building Plan, Construction Schedule, Construction Budget, and Sources and Uses Statement (all of which constitute the “Plan Packet”) to the Review Panel for review and approval.

  • Without limiting the foregoing, Lender shall have received from Borrower a fully executed Sources and Uses Statement, and evidence reasonably satisfactory to Lender that all transactions described therein have been fully effected.

  • A Sources and Uses Statement which evidences that none of the proceeds of the Loan are used to pay acquisition fees, brokers’ commissions or related or similar expenses to any Loan Party, Property Owner or Affiliate of any of the foregoing.

  • The RA shall administer the Funds generally described in the Sources and Uses Statement attached to the Commitment Plan, in accordance with this RFA.

  • Upon expenditure of the Grant Funds wire transferred and before the Grantee makes the first draw down from the LOCCS-VRS, the Grantee shall provide a certification to the Grant Officer, GTR or GTM providing that the Grant Funds were expended in accordance with the Sources and Uses Statement.

  • Except for costs identified in the Project Sources and Uses Statement, make Capital Expenditures in fixed assets in an aggregate amount in excess of Two Million and No/100 Dollars ($2,000,000.00) during any fiscal year during the term of this Agreement.

  • Whenever a new asset becomes, or is to become, a Borrowing Base Asset, a new Forecast must first be prepared and provided to each Lender, in accordance with this clause 19 (Forecasts and Calculations), together with a Sources and Uses Statement, including that asset.

  • Whenever a new asset becomes, or is to become, a Borrowing Base Asset, a new Forecast must first be prepared and provided to each Lender for approval, in accordance with this clause 19 (Forecasts and Calculations), together with a Sources and Uses Statement, including that asset.

  • The Borrower shall have closed on all Subordinated Debt contemplated by the Project Sources and Uses Statement, and the proceeds of all Subordinated Debt shall have been disbursed by the holders of all Subordinated Debt pursuant to the provisions of the Disbursing Agreement.

  • The Sources and Uses Statement executed prior to the Loan Opening Date must be in substantial accordance with the Sources and Uses Statement attached to the Application/Commitment.


More Definitions of Sources and Uses Statement

Sources and Uses Statement means a complete description of Borrower’s sources and uses of the proceeds of the Loan, in form and substance satisfactory to Lender and expressly approved by Lender in writing, containing no line items or provisions for payment of any acquisition fees, financing fees, development fees, other fees of any type, brokers’ commissions or related or similar expenses to any Loan Party, Property Owner or any Affiliate of any of the foregoing and which is attached hereto as Exhibit I.
View Source
Sources and Uses Statement means the excel document illustrating the sources and uses of funding required for the Acquisition, delivered as a condition precedent under part 1A of schedule 2 (Conditions Precedent);
View Source
Sources and Uses Statement has the definition set forth in Section 5.1(G).
View Source
Sources and Uses Statement has the meaning specified in Section 3.1(a)(xiii) (Conditions Precedent to Initial Loans and Letters of Credit).
View Source
Sources and Uses Statement means a document illustrating the sources and uses of funding required for the Project, including those amounts which are expected by the Developer to be funded by the incentives offered by the City.
View Source

Related to Sources and Uses Statement

  • Statement of Additional Information means, respectively, the form of prospectus and statement of additional information with respect to the Fund filed by the Investment Company as part of the Registration Statement, or as they may be amended or supplemented from time to time.

  • Servicer’s Report means any report of the Servicer delivered pursuant to Section 3.1(a) of the Administration Agreement, substantially in the form acceptable to the Administrator.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Data Tape Information The information provided by the Originators as of the Cut-off Date to the Depositor or the Purchaser setting forth the following information with respect to each Mortgage Loan: (1) the Mortgagor's name; (2) as to each Mortgage Loan, the Scheduled Principal Balance as of the Cut-off Date; (3) the Mortgage Rate Cap; (4) the Index; (5) a code indicating whether the Mortgaged Property is owner occupied; (6) the type of Mortgaged Property; (7) the first date on which the Scheduled Payment was due on the Mortgage Loan and, if such date is not consistent with the Due Date currently in effect, such Due Date; (8) the "paid through date" based on payments received from the related Mortgagor;

  • Annual Projections is defined in Section 6.2(a).