Common use of ADDITIONAL CONDITIONS PRECEDENT TO ADVANCES Clause in Contracts

ADDITIONAL CONDITIONS PRECEDENT TO ADVANCES. The obligation of BCC to accept delivery of the Transaction Documents and consummate this transaction, and to make any Advance, shall be further subject to the condition precedent that:

Appears in 5 contracts

Samples: Shortfall Funding Agreement (Balanced Care Corp), Shortfall Funding Agreement (Balanced Care Corp), Form of Shortfall Funding Agreement (Balanced Care Corp)

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ADDITIONAL CONDITIONS PRECEDENT TO ADVANCES. The obligation of BCC to accept delivery of the Transaction Documents and consummate this transaction, and to make any Advance, shall be further subject to the condition precedent that:that the following statements shall be true and correct (and the delivery by the Lessee and the Member of the Note and the other Transaction Documents shall be deemed to constitute a representation and warranty by the Lessee and the Member that such statements are true on such date):

Appears in 1 contract

Samples: Second Series Shortfall Funding Agreement (Balanced Care Corp)

ADDITIONAL CONDITIONS PRECEDENT TO ADVANCES. The obligation of BCC to accept delivery of the Transaction Documents and consummate this transaction, and to make any Advance, shall be further subject to the condition precedent that:: The following statements shall be true and correct (and the delivery by the Lessee and the Member of the Transaction Documents shall be deemed to constitute a representation and warranty by the Lessee and the Member that such statements are true on such date):

Appears in 1 contract

Samples: Form of Hcri Shortfall Funding Agreement (Balanced Care Corp)

ADDITIONAL CONDITIONS PRECEDENT TO ADVANCES. The obligation of BCC to accept delivery of the Transaction Documents and consummate this transaction, and to make any Advance, shall be further subject to the condition precedent that:to

Appears in 1 contract

Samples: Shortfall Funding Agreement (Balanced Care Corp)

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ADDITIONAL CONDITIONS PRECEDENT TO ADVANCES. The obligation of BCC to accept delivery of the Transaction Documents and consummate this transaction, and to make any Advance, shall be further subject to the condition precedent that:that the following statements shall be true and correct (and the delivery by the Lessee and the Member of the Notes and the other Transaction Documents shall be deemed to constitute a representation and warranty by the Lessee and the Member that such statements are true on such date):

Appears in 1 contract

Samples: Shortfall Funding Agreement (Balanced Care Corp)

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