Common use of Closing Statement Clause in Contracts

Closing Statement. Lender and Borrower shall have agreed upon a detailed closing statement in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s sources and uses of funds on the Closing Date.

Appears in 18 contracts

Samples: Loan Agreement (Digital Realty Trust, Inc.), Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Great Wolf Resorts, Inc.)

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Closing Statement. Lender and Borrower shall have agreed upon a detailed closing statement from Borrower in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s sources and uses of funds on the Closing Date.

Appears in 4 contracts

Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrowers in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s Borrowers’ sources and uses of funds on the Closing Date, together with a fully executed counterpart of the Loan Closing Statement prepared by Lender.

Appears in 3 contracts

Samples: Loan Agreement (Strategic Hotel Capital Inc), Second Mezzanine Loan Agreement (Strategic Hotel Capital Inc), First Mezzanine Loan Agreement (Strategic Hotel Capital Inc)

Closing Statement. Lender and Borrower shall have agreed upon a detailed closing statement in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s 's sources and uses of funds on the Closing Date.

Appears in 2 contracts

Samples: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Great Wolf Resorts, Inc.)

Closing Statement. The Lender and Borrower shall have agreed upon received a detailed closing statement from the Borrower in a form reasonably acceptable to the Lender, which includes a complete description of the Borrower’s 's sources and uses of funds on the Closing Date.

Appears in 1 contract

Samples: Loan Agreement (Echelon International Corp)

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Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrowers in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s Borrowers' sources and uses of funds on the Closing Date, together with a fully-executed counterpart of the Loan closing statement prepared by Lender.

Appears in 1 contract

Samples: Loan Agreement (Starwood Hotel & Resorts Worldwide Inc)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrower in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s sources and uses of funds on the Closing Date, together with a fully executed counterpart of the closing statement for the Loan prepared by Lender.

Appears in 1 contract

Samples: Loan Agreement (Colony Resorts LVH Acquisitions LLC)

Closing Statement. Lender and Borrower shall have agreed upon received a detailed closing statement from Borrowers in a form reasonably acceptable to Lender, which includes a complete description of Borrower’s Borrowers' sources and uses of funds on the Closing Date, together with a fully executed counterpart of the Loan Closing Statement prepared by Lender.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotel Capital Inc)

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