Common use of CONDITIONS FOR LOANS Clause in Contracts

CONDITIONS FOR LOANS. Lender’s obligation to make the initial advance of a Loan under this Agreement is subject to prior satisfaction of the following conditions: (a) T Lender shall have received the Note duly executed by Customer with respect to the Term Loan. (b) T Lender shall have received the following security documents and the additional security documents described on Exhibit C, if any (collectively the “Security Documents”), duly executed, all accompanied by the appropriate financing statements or control agreements: Real Estate Mortgage, General Business Security Agreement. (c) £ Lender shall have received copies: £ certified by the Secretary of Customer of the articles of incorporation and bylaws of Customer, and resolutions of the Board of Directors of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a general partner of Customer of the partnership agreement of Customer, and an authorization signed by all of the general partners of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; T certified by a member or manager of Customer, as appropriate, of the articles of organization and operating agreement of Customer, and an authorization signed by a member or manager of Customer, as appropriate, authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a trustee regarding the existence, name and other matters pertaining to Customer if it is a trust, and an authorization signed by all trustees of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; and a certification of the names and addresses of the representatives of Customer authorized to sign this Agreement and the Security Documents, if any, and to request advances under the Loans under this Agreement, together with true signatures of such representatives, and of such other matters as Lender may reasonably request. Revolving and Term Credit Agreement Cont. (d) £ Lender shall have received a certificate of sole ownership executed by the sole proprietor. (e) £ Lender shall have received the following additional documentation executed by the trust and/or trustee: n/a (f) £ Lender shall have received from counsel for Customer a favorable opinion satisfactory to Lender covering the matters described in Sections 4(c) and 4(d), 4(f) or 4(g), as applicable, and 4(f) of this Agreement and such other matters as Lender may reasonably request. (g) £ Lender shall have received a separate guaranty of payment of the Loans duly executed by n/a on WBA form ______________. (h) £ All proceedings taken by Customer in connection with the Loans, the Security Documents and other documents provided to Lender shall be satisfactory to Lender and Lender shall have received copies of all documents reasonably required by it.

CONDITIONS FOR LOANS. Lender’s obligation to make the initial advance of a Loan under this Agreement is subject to prior satisfaction of the following conditions: (a) T £ Lender shall have received the Note duly executed by Customer with respect to the Term Loan. (b) T Lender shall have received the following security documents and the additional security documents described on Exhibit C, if any (collectively the “Security Documents”), duly executed, all accompanied by the appropriate financing statements or control agreements: Real Estate Mortgage, General Business Security Agreement. (c) £ Lender shall have received copies: £ certified by the Secretary of Customer of the articles of incorporation and bylaws of Customer, and resolutions of the Board of Directors of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a general partner of Customer of the partnership agreement of Customer, and an authorization signed by all of the general partners of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; T certified by a member or manager of Customer, as appropriate, of the articles of organization and operating agreement of Customer, and an authorization signed by a member or manager of Customer, as appropriate, authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a trustee regarding the existence, name and other matters pertaining to Customer if it is a trust, and an authorization signed by all trustees of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; Revolving and Term Credit Agreement Cont. and a certification of the names and addresses of the representatives of Customer authorized to sign this Agreement and the Security Documents, if any, and to request advances under the Loans under this Agreement, together with true signatures of such representatives, and of such other matters as Lender may reasonably request. Revolving and Term Credit Agreement Cont. . (d) £ Lender shall have received a certificate of sole ownership executed by the sole proprietor. (e) £ Lender shall have received the following additional documentation executed by the trust and/or trustee: n/a (f) £ Lender shall have received from counsel for Customer a favorable opinion satisfactory to Lender covering the matters described in Sections 4(c) and 4(d), 4(f) or 4(g), as applicable, and 4(f) of this Agreement and such other matters as Lender may reasonably request. (g) £ Lender shall have received a separate guaranty of payment of the Loans duly executed by n/a on WBA form ______________. (h) £ All proceedings taken by Customer in connection with the Loans, the Security Documents and other documents provided to Lender shall be satisfactory to Lender and Lender shall have received copies of all documents reasonably required by it.

CONDITIONS FOR LOANS. Lender’s obligation to make the initial advance of a Loan under this Agreement is subject to prior satisfaction of the following conditions: (a) T £ Lender shall have received the Note duly executed by Customer with respect to the Term Loan. (b) T Lender shall have received the following security documents and the additional security documents described on Exhibit C, if any (collectively the “Security Documents”), duly executed, all accompanied by the appropriate financing statements or control agreements: Real Estate Mortgage, Mortgage and General Business Security AgreementAgreement . (c) £ Lender shall have received copies: £ certified by the Secretary of Customer of the articles of incorporation and bylaws of Customer, and resolutions of the Board of Directors of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a general partner of Customer of the partnership agreement of Customer, and an authorization signed by all of the general partners of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; T certified by a member or manager of Customer, as appropriate, of the articles of organization and operating agreement of Customer, and an authorization signed by a member or manager of Customer, as appropriate, authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a trustee regarding the existence, name and other matters pertaining to Customer if it is a trust, and an authorization signed by all trustees of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; and a certification of the names and addresses of the representatives of Customer authorized to sign this Agreement and the Security Documents, if any, and to request advances under the Loans under this Agreement, together with true signatures of such representatives, and of such other matters as Lender may reasonably request. Revolving and Term Credit Agreement Cont. (d) £ Lender shall have received a certificate of sole ownership executed by the sole proprietor. (e) £ Lender shall have received the following additional documentation executed by the trust and/or trustee: n/a (f) £ Lender shall have received from counsel for Customer a favorable opinion satisfactory to Lender covering the matters described in Sections 4(c) and 4(d), 4(f) or 4(g), as applicable, and 4(f) of this Agreement and such other matters as Lender may reasonably request. (g) £ Lender shall have received a separate guaranty of payment of the Loans duly executed by n/a on WBA form a______________._______ _____________________________________________________________________________________________ (h) £ All proceedings taken by Customer in connection with the Loans, the Security Documents and other documents provided to Lender shall be satisfactory to Lender and Lender shall have received copies of all documents reasonably required by it.

CONDITIONS FOR LOANS. Lender’s 's obligation to make the initial advance of a Initial Loan under this Agreement is subject to prior satisfaction of the following conditions: (a) T Lender shall have received the Note duly executed by Customer with respect to the Term Loan. (b) T |_| Lender shall have received the following security documents and the additional security documents described on Exhibit CB, if any (collectively the “"Security Documents”"), duly executed, all accompanied by the appropriate financing statements or control agreementsstatements: Real Estate Mortgage, General Business Security Agreement_________________________ -----------------------------------------------------------. (cb) £ Lender shall have received copies: £ |_| certified by the Secretary of Customer of the articles of incorporation and bylaws of Customer, and resolutions of the Board of Directors of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ |_| certified by a general partner of Customer of the partnership agreement of Customer, and an authorization signed by all of the general partners of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; T |_| certified by a member or manager of Customer, as appropriate, of the articles of organization and operating agreement of Customer, and an authorization signed by a member or manager of Customer, as appropriate, authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; £ certified by a trustee regarding the existence, name and other matters pertaining to Customer if it is a trust, and an authorization signed by all trustees of Customer authorizing the issuance, execution and delivery of this Agreement and the Security Documents, if any; and a certification of the names and addresses of the representatives of Customer authorized to sign this Agreement and the Security Documents, if any, and to request advances under the Loans under this Agreement, together with true signatures of such representatives, and of such other matters as Lender may reasonably request. Revolving and Term Credit Agreement Cont. . (dc) £ |_| Lender shall have received a certificate an affidavit of sole ownership executed by the sole proprietor. (ed) £ Lender shall have received the following additional documentation executed by the trust and/or trustee: n/a (f) £ |_| Lender shall have received from counsel for Customer a favorable opinion satisfactory to Lender covering the matters described in Sections 4(csections 5(c) and 4(d), 4(f5(d) or 4(g), 5(e) as applicable, and 4(f5(h) of this Agreement and such other matters as Lender may reasonably request. (ge) £ |_| Lender shall have received a separate guaranty of payment of the Loans duly executed by n/a ____________________________________ ___________________________________________________________ ___________________________ on WBA form ___________________. (hf) £ All proceedings taken by Customer in connection with the LoansLeans, the Security Documents and other documents provided to Lender shall be satisfactory to Lender and Lender shall have received copies of all documents reasonably required by it.