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:
Appears in 3 contracts
Samples: Mezzanine Construction Loan Agreement (Prime Group Realty Trust), Credit Agreement (Prime Group Realty Trust), Building Loan Agreement (Alexanders Inc)
CONDITIONS OF SUBSEQUENT ADVANCES. The obligation of each Lender to make any Advance after the Initial initial Advance shall be subject to the following conditions precedent:
Appears in 2 contracts
Samples: Building Loan Agreement (Essex Hospitality Associates Iv Lp), Building Loan Agreement (Alterra Healthcare Corp)
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:
Appears in 2 contracts
Samples: Second Mezzanine Loan Agreement, Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)