Enclosed Documents. The following forms are herewith enclosed, a copy of each of which should be given to Borrower: (a) An additional copy of this Loan Authorization and Interest Rebate Agreement (the “Authorization”) signed by Authority, which shall be executed by Lender and Borrower to evidence their acceptance of the terms and conditions of this Authorization and returned to Authority. (b) Copy of Authority's Quarterly Status Report, which is to be completed and executed by Lender to reflect each disbursement to, and payment by, Borrower in regard to the Loan during the relevant calendar quarter. Prompt reporting is necessary after the Loan closing.
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Enclosed Documents. The following forms are herewith enclosed, a copy of each of which should be given to Borrower:
(a) An additional copy of this Loan Authorization and Interest Rebate Agreement (the “Authorization”) signed by Authority, which shall be executed by Lender ▇▇▇▇▇▇ and Borrower to evidence their acceptance of the terms and conditions of this Authorization and returned to Authority.
(b) Copy of Authority's Quarterly Status Report, which is to be completed and executed by Lender ▇▇▇▇▇▇ to reflect each disbursement to, and payment by, Borrower in regard to the Loan during the relevant calendar quarter. Prompt reporting is necessary after the Loan closing.
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