Common use of Disbursement Requirements Clause in Contracts

Disbursement Requirements. Together with each Advance Request for a TI/LC Advance, Borrower shall furnish Lender and Note B-2 Lender with copies of bills and other documentation (including lien releases or lien releases conditioned only upon payment) reasonably required by Note B-2 Lender (and consistent with the documentation required to be delivered under the ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Lease) to establish that the related tenant improvement expenses and leasing commissions have actually been incurred in accordance with the ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Lease, that any work relating thereto has been completed and that such amounts that are then due and payable or have been paid. Note B-2 Lender shall approve or disapprove any Advance Request (and, if approved, make the related TI/LC Advance to Borrower or Borrower’s designee) within ten (10) Business Days after Note B-2 Lender’s receipt of such Advance Request.