Common use of Conditions Precedent to Each Construction Loan Clause in Contracts

Conditions Precedent to Each Construction Loan. The obligation of Lender to make each Construction Loan (including the initial Construction Loan) is subject to the prior satisfaction of each of the following conditions (unless waived by Lender).

Conditions Precedent to Each Construction Loan. The obligation of each Lender to make each Construction Loan (contemplated to be made by it hereunder, including the initial Construction Loan) , is subject to the prior satisfaction of each of the following conditions precedent (unless waived in writing by Lender).Administrative Agent with the consent of the Majority Lenders or, solely with respect to the initial Construction Loan, with the consent of all Lenders):

Conditions Precedent to Each Construction Loan. The obligation of Lender to make each Construction Loan (including the initial Construction LoanLoan for either Project Phase) is subject to the prior satisfaction of each of the following conditions (unless waived by Lender).