Disbursement to Borrower. Borrower may request and receive only one borrowing in respect of the Loan, which will not be subject to future advances and any amount borrowed and repaid in respect of the Loan may not be reborrowed. Borrower shall, on the Closing Date, receive the Loan Amount, subject to the direction given by Borrower as to the application of Loan proceeds.
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Samples: Loan Agreement (Inland American Real Estate Trust, Inc.), Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland American Real Estate Trust, Inc.)
Disbursement to Borrower. Borrower may request and receive only one borrowing in respect of the Loan, which will not be subject to future additional advances and any amount borrowed and repaid in respect of the Loan may not be reborrowed. Borrower shall, on the Closing Date, receive the Loan Amount, subject to the direction given by Borrower as to the application of Loan proceeds.
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Samples: Loan Agreement (Inland Residential Properties Trust, Inc.), Loan Agreement (Inland Residential Properties Trust, Inc.)
Disbursement to Borrower. Borrower may request and receive only one borrowing in respect of the Loan, which will not be subject to future advances Loan and any amount borrowed and repaid in respect of the Loan may not be reborrowed. Borrower shall, on the Closing Date, receive the Loan AmountLoan, subject to the direction given by Borrower as to the application of Loan proceeds.
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Disbursement to Borrower. Borrower may request and receive only one borrowing hereunder in respect of the Loan, which will not be subject to future advances Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed. Borrower shall, acknowledges and agrees that the full proceeds of the Loan will have been disbursed by Lender to Borrower on the Closing Date, receive the Loan Amount, subject to the direction given by Borrower as to the application of Loan proceeds.
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Disbursement to Borrower. Borrower Borrowers may request and receive only one borrowing hereunder in respect of the Loan. Borrowers shall receive the Loan upon the Closing, which will not be subject to future advances and any the direction given by Borrowers as to the application of Loan proceeds for the uses set forth in Section 2.1.4. Any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed. Borrower shall, on the Closing Date, receive the Loan Amount, subject to the direction given by Borrower as to the application of Loan proceeds.
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Samples: Loan Agreement (Prime Retail Lp)
Disbursement to Borrower. Borrower may request and receive only ------------------------ one borrowing in respect of the Loan, which will not be subject to future advances Loan and any amount borrowed and repaid in respect of the Loan may not be reborrowed. Borrower shall, on the Closing Date, receive the Loan AmountLoan, subject to the direction given by Borrower as to the application of Loan proceeds.
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Disbursement to Borrower. Borrower may request and receive only one borrowing hereunder in respect of the Loan, which will not be subject to future advances and any amount borrowed and repaid in respect of the Loan may not be reborrowed. Borrower shall, on the Closing Date, shall receive the Loan Amountupon the Closing, subject to the direction given by Borrower as to the application of Loan proceedsproceeds to pay items set forth in Section 2.1.4 hereof. Any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed.
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