Closing Conditions Precedent. The Loan shall be made at a closing (the "CLOSING") on a date (the "CLOSING DATE") that coincides with the closing of the transactions contemplated by the Contribution Agreement. Without limiting the foregoing, the obligation of Lender to make the Loan to Borrower and to proceed with the Closing is subject to the satisfaction on or before the Closing Date of each and all of the following conditions (and the occurrence of the Closing shall be conclusive evidence that all such conditions have been satisfied in full or knowingly waived):
Appears in 3 contracts
Samples: Loan Agreement (Arden Realty Inc), Loan Agreement (Arden Realty Inc), Loan Agreement (Arden Realty Inc)
Closing Conditions Precedent. The Loan shall be made at a closing (the "CLOSINGClosing") on a date (the "CLOSING DATE") that coincides with the closing of the transactions contemplated by the Contribution AgreementClosing Date. Without limiting the foregoing, the obligation of the Lender to make the Loan to Borrower and to proceed with the Closing is subject to the satisfaction on or before the Closing Date of each and all of the following conditions (and the occurrence of the Closing shall be conclusive evidence that all such conditions have been satisfied in full or knowingly waived):
Appears in 1 contract
Samples: Loan Agreement (Courtyard by Marriott Limited Partnership)