Common use of Advance Not Waiver Clause in Contracts

Advance Not Waiver. Any advance of Loan proceeds hereunder ------------------ made prior to or without the fulfillment by Borrower of all of the conditions precedent thereto, whether or not known to Administrative Agent or Lenders, shall not constitute a waiver by Administrative Agent or Lenders of the requirement that all conditions, including the non-performed conditions, shall be required with respect to all future advances.

Appears in 1 contract

Samples: Building Loan Agreement (Federal Realty Investment Trust)

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Advance Not Waiver. Any advance of Loan proceeds by any Lender hereunder ------------------ made prior to or without the fulfillment by Borrower of all of the conditions precedent thereto, whether or not known to Administrative Agent or Lenders, shall not constitute a waiver by Administrative Agent or Lenders of the requirement that all conditions, including the non-performed conditions, shall be required with respect to all future advancesLoans.

Appears in 1 contract

Samples: Credit Agreement (Acadia Realty Trust)

Advance Not Waiver. Any advance Loan by any Lender or issuance of Loan proceeds a Letter of Credit by Issuing Bank hereunder ------------------ made prior to or without the fulfillment by Borrower of all of the conditions precedent thereto, whether or not known to Administrative Agent or Lenders, shall not constitute a waiver by Administrative Agent or Lenders of the requirement that all conditions, including the non-performed conditions, shall be required with respect to all future advancesLoans and issuances of Letters of Credit.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Acadia Realty Trust)

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Advance Not Waiver. Any advance of Loan proceeds hereunder ------------------ made prior to or without the fulfillment by Borrower of all of the conditions precedent thereto, whether or not known to Administrative Agent or Lenders, shall not constitute a waiver by Administrative Agent or Lenders of the requirement that all conditions, including the non-performed conditions, shall be required with respect to all future advances.

Appears in 1 contract

Samples: Building Loan Agreement (Taubman Centers Inc)

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