Conditions Precedent to All Disbursements. The obligation of the BANK to make each disbursement under the CONSTRUCTION LOAN (including the initial disbursement) shall be subject to the further conditions precedent that on the date of such disbursement:
Appears in 5 contracts
Samples: Construction Loan Agreement (Little Sioux Corn Processors LLC), Construction Loan Agreement (Badger State Ethanol LLC), Construction Loan Agreement (US BioEnergy CORP)
Conditions Precedent to All Disbursements. The obligation of the BANK to make each disbursement under the CONSTRUCTION EXPANSION LOAN (including the initial disbursement) shall be subject to the further conditions precedent that on the date of such disbursement:
Appears in 1 contract
Conditions Precedent to All Disbursements. The obligation of the BANK Bank to make each disbursement under the CONSTRUCTION LOAN any Loans (including the initial disbursement) shall be subject to the further conditions precedent that on the date of such disbursement:
Appears in 1 contract
Samples: Loan Agreement (Granite Falls Community Ethanol Plant LLC)