Common use of Acquiescence not a Waiver Clause in Contracts

Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the Borrower’s failure to comply with and satisfy any condition precedent to the Closing, to any Construction Disbursement or to any Disbursement of Loan Proceeds, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender at any time thereafter may require the Borrower to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 4 contracts

Samples: Construction Loan Agreement (Sentio Healthcare Properties Inc), Construction Loan Agreement (CNL Growth Properties, Inc.), Construction Loan Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

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Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the Borrower’s failure to comply with and satisfy any condition precedent to the Closing, to any Construction Disbursement Closing or to any Disbursement disbursement of Loan Proceedsproceeds, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender at any time thereafter may require the Borrower to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 1 contract

Samples: Loan Agreement

Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the Borrower’s failure to comply with and satisfy any condition precedent to the Closing, to any Construction Disbursement Closing or to any Disbursement disbursement of Loan Proceeds, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender at any time thereafter may require the Borrower to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Global Self Storage, Inc.)

Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the Borrower’s failure to comply with and satisfy any condition precedent to the ClosingLoan Opening, to any Construction Disbursement or to any Disbursement disbursement of Loan Proceeds, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender at any time thereafter may require the Borrower to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 1 contract

Samples: Construction Loan Agreement (Textura Corp)

Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the Borrower’s failure to comply with and satisfy any condition precedent to the Closing, to any Construction Disbursement or to any Disbursement of Loan ProceedsOpening, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender at any time thereafter may require the Borrower to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Rw Holdings NNN Reit, Inc.)

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Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the a Borrower’s failure to comply with and satisfy any condition precedent to the Closing, to any Construction Disbursement Closing or to any Disbursement of Loan Proceeds, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender at any time thereafter may require the Borrower Borrowers to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

Acquiescence not a Waiver. To the extent that Lender may have acquiesced (whether intentionally or unintentionally) in the Borrower’s failure to comply with and satisfy any condition precedent to the ClosingConstruction Loan Opening, to any Construction Disbursement or to any Disbursement disbursement of Loan Proceedsproceeds of the Loans, such acquiescence shall not constitute a waiver by Lender of any condition precedent set forth in this Agreement, and Lender may at any time thereafter may require the Borrower to comply with and satisfy all conditions and requirements of this Agreement.

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Horizon Group Properties Inc)

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