CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of the Lender to make any Advance after the initial Advance shall be subject to the satisfaction of the following conditions precedent:
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of Lender to make any Advance after the Initial Advance shall be subject to the following conditions precedent:
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of the Lender to make any Loans after the Closing Date shall be subject to the satisfaction of the following conditions precedent:
CONDITIONS OF SUBSEQUENT ADVANCES. 73 12.1 PRIOR CONDITIONS SATISFIED........................................... 73 12.2 PERFORMANCE; NO DEFAULT.............................................. 74
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of the Lenders to make any Advance after the initial Advance shall be subject to the satisfaction of the following conditions precedent, provided that the conditions described below with respect to any particular Project shall not be required with respect to such Project if such Advance does not cover Project Costs for such Project:
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of Bank to make any Advance after the initial Advance shall be subject to the following conditions precedent:
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of the Banks to make any Advance or Continuation or Conversion requested to be made by it prior to the Termination Date, or issue any Letter of Credit, shall be subject to the fulfillment of each of each following conditions precedent on or before the date of such Advance, Continuation, Conversion or issuance of Letter of Credit in a manner satisfactory to Administrative Agent, the Issuing Bank and the Banks, as applicable:
(a) Administrative Agent and such Bank shall have received the notice regarding such Advance in compliance with this Agreement or, in the case of any Conversion or Continuation, Administrative Agent and such Bank shall either have received the notice regarding such activity in compliance with this Agreement or Administrative Agent and such Bank shall have received notice regarding such Letter of Credit pursuant to this Agreement.
(b) The representations and warranties contained in Article IV of this Agreement shall be true and correct in all material respects when made and as of the date of such Advance, Continuation, Conversion or Letter of Credit, as the case may be, with the same effect as if made on and as of such date.
(c) No Default or Potential Default, shall be in existence on the date of any Advance, Conversion, Continuation or Letter of Credit, or after giving effect to such Advance, Conversion, Continuation or Letter of Credit.
(d) With regard to a Letter of Credit (i) the Issuing Bank shall have received an application and agreement for issuance of letter of credit, promissory note and/or reimbursement agreement relating to such Letter of Credit duly executed by Borrower with respect thereto, on the Issuing Bank’s standard form; and (ii) the form and substance of the Letter of Credit shall be reasonably satisfactory to the Issuing Bank.
(e) All corporate and legal proceedings and all documents required to be completed and executed by the provisions of, and all instruments to be executed in connection with the transactions contemplated by, this Agreement and any other Loan Paper shall be satisfactory in form and substance to Administrative Agent and the Banks and shall remain valid and effective and shall not have been revoked or attempted to be revoked and Administrative Agent and the Banks shall have received all information and copies of all documents., including records of corporate proceedings, required by this Agreement and any related agreements to be executed or which Administrative Agent or any Bank ma...
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of the Banks to make any Advance after the initial Advance shall be subject to the satisfaction of the following conditions precedent:
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of the Lender to make --------------------------------- any Advance after the date hereof shall be subject to the satisfaction of the following conditions precedent:
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of each Lender to make any Advance after the Initial Advance shall be subject to the following conditions precedent:
(a) Prior Conditions Satisfied and Required Equity Contributed. All conditions precedent to the Initial Advance set forth in Section 2.9.1, shall continue to be satisfied as of the date of such subsequent Advance (it being understood that if the conditions precedent to the Initial Advance are then satisfied in the same manner that such conditions precedent were satisfied initially, then such conditions precedent to the Initial Advance shall remain satisfied for purposes of this Section 2.9.2(a)) and Borrower shall furnish Agent with evidence in form and content reasonably satisfactory to Agent that Borrower has contributed the Required Equity.
