Common use of Conditions of Final Advance Clause in Contracts

Conditions of Final Advance. In addition to the conditions set forth in Paragraph 6.2 above, Lender's obligation to advance sums retained pursuant to this Agreement shall be subject to receipt by Lender of the following:

Appears in 2 contracts

Samples: Building Loan Agreement (Alterra Healthcare Corp), Building Loan Agreement (Essex Hospitality Associates Iv Lp)

AutoNDA by SimpleDocs

Conditions of Final Advance. In addition to the conditions set forth in Paragraph 6.2 Section 2.8.3 above, Lender's ’s obligation to advance sums retained make the final Advance pursuant to this Agreement shall be subject to receipt by Lender of the following:

Appears in 2 contracts

Samples: Second Mezzanine Loan Agreement, Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!