Common use of Conditions Precedent to Increase in Commitment Clause in Contracts

Conditions Precedent to Increase in Commitment. The right of Borrower to an Expansion is subject to the satisfaction of the following conditions precedent on or before the Closing Date: (a) Receipt by Lender of the fully executed Expansion Request; (b) Reserved; (c) Receipt by Lender, if available, of an endorsement to each Title Insurance Policy, amending the effective date of the Title Insurance Policy to the Closing Date, increasing the limits of liability to the Commitment, as increased under this Article, showing no additional exceptions to coverage other than the exceptions shown on the applicable Title Insurance Policy and other exceptions approved by Lender, together with any reinsurance agreements required by Lender; and (d) Receipt by Lender of fully executed original copies of all Expansion Loan Documents, each of which shall be in full force and effect, and in form and substance satisfactory to Lender in all respects.

Conditions Precedent to Increase in Commitment. The right of Borrower Agent, on behalf of Borrower, to an Expansion increase the Commitment is subject to the satisfaction of the following conditions precedent on or before the Closing Date: (a) Receipt by Lender of the fully executed Expansion RequestOrigination Fee; (b) Reserved; (c) Receipt by Lender, if available, Lender of an endorsement to each Title Insurance Policy, amending the effective date of the Title Insurance Policy to the Closing Date, increasing the limits of liability to the Commitment, as increased under this Article, showing no additional exceptions to coverage other than the exceptions shown on the applicable Title Insurance Policy and other exceptions approved by Lender, together with any reinsurance agreements required by Lender; and (dc) Receipt by Lender of fully executed original copies of all Expansion Loan Documents, each of which shall be in full force and effect, and in form and substance satisfactory to Lender in all respects.

Conditions Precedent to Increase in Commitment. The right of Borrower to an Any Expansion is subject to the satisfaction of the following conditions precedent on or before the Closing Date: (a) Receipt by Lender of the fully executed Expansion Request; (b) ReservedReceipt by Lender of the Expansion Origination Fee; (c) Receipt by Lender, if available, Lender of an endorsement to each Title Insurance Policy, amending the effective date of the Title Insurance Policy to the Closing Date, increasing the limits of liability to the Commitment, as increased under this Article, showing no additional exceptions to coverage other than the exceptions shown on the applicable Title Insurance Policy and other exceptions approved by Lender, together with any reinsurance agreements required by Lender; and (d) Receipt by Lender of fully executed original copies of all Expansion Loan Documents, each of which shall be in full force and effect, and in form and substance satisfactory to Lender in all respects.

Conditions Precedent to Increase in Commitment. The right of Borrower to an Expansion increase the Commitment is subject to the satisfaction of the following conditions precedent on or before the Closing Date: (a) Receipt by Lender of the fully executed Expansion RequestAdditional Origination Fee; (b) Reserved; (c) Receipt by Lender, if available, Lender of an endorsement to each Title Insurance Policy, amending the effective date of the Title Insurance Policy to the Closing Date, increasing the limits of liability to the Commitment, as increased under this ArticleArticle 5, showing no additional exceptions to coverage other than the exceptions shown on the applicable Title Insurance Policy and other exceptions approved by Lender, together with any reinsurance agreements required by Lender; and (dc) Receipt by Lender of fully executed original copies of all Expansion Loan Documents, each of which shall be in full force and effect, and in form and substance satisfactory to Lender in all respects.