Conditions Precedent to the Final Advance. The obligation of Lender to make the final Advance and to release the Retainage shall be subject to the condition precedent that Borrower shall be in compliance with all conditions set forth in Sections 3.01 and 3.02 and, further, that the following conditions shall have been satisfied:
Appears in 2 contracts
Samples: Construction Term Loan Agreement (Iowa Renewable Energy, LLC), Construction Term Loan Agreement (Western Dubuque Biodiesel, LLC)
Conditions Precedent to the Final Advance. The obligation of the Lender to make the final Advance and to release the Retainage shall be subject to the condition precedent that the Borrower shall be in compliance with all conditions set forth in Sections 3.01 and 3.02 and, further, that the following conditions shall have been satisfiedsatisfied prior to the Completion Date:
Appears in 2 contracts
Samples: Construction Loan Agreement, Construction and Term Loan Agreement (Investors Real Estate Trust)
Conditions Precedent to the Final Advance. The obligation of Lender to make the final Advance and to release the Retainage shall be subject to the condition precedent that Borrower shall be in compliance with all conditions set forth in Sections 3.01 SECTIONS3.1 and 3.02 3.2 and, further, that the following conditions shall have been satisfied:
Appears in 1 contract
Samples: Construction Term Loan Agreement (Global Entertainment Corp)
Conditions Precedent to the Final Advance. The obligation of Lender M&I to make the final Advance and to release the Retainage shall be subject to the condition precedent that the Borrower shall be in compliance with all conditions set forth in Sections 3.01 3.1 and 3.02 3.2 and, further, that the following conditions shall have been satisfiedsatisfied prior to the Completion Date:
Appears in 1 contract
