Conditions Precedent to the Final Disbursements. The obligation of BANKS to make the final disbursement on the CONSTRUCTION LOAN shall be subject to the condition precedent that BORROWER shall be in compliance with all conditions set forth in Sections 4.1 and 4.2 of this AGREEMENT and, further, that the following conditions shall have been satisfied or waived by ADMINISTRATIVE AGENT on or prior to the CONSTRUCTION LOAN TERMINATION DATE:
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Samples: Construction Loan Agreement (One Earth Energy LLC), Construction Loan Agreement (Rex Stores Corp), Construction Loan Agreement (Highwater Ethanol LLC)
Conditions Precedent to the Final Disbursements. The obligation of BANKS the BANK to make the final disbursement on the CONSTRUCTION LOAN shall be subject to the condition precedent that the BORROWER shall be in compliance with all conditions set forth in Sections 4.1 and 4.2 of this AGREEMENT and, further, that the following conditions shall have been satisfied or waived by ADMINISTRATIVE AGENT on or prior to the CONSTRUCTION LOAN TERMINATION COMPLETION DATE:
Appears in 2 contracts
Samples: Construction Loan Agreement (Little Sioux Corn Processors LLC), Construction Loan Agreement (Badger State Ethanol LLC)
Conditions Precedent to the Final Disbursements. The obligation of BANKS the BANK to make the final disbursement on the CONSTRUCTION EXPANSION LOAN shall be subject to the condition precedent that the BORROWER shall be in compliance with all conditions set forth in Sections 4.1 and 4.2 of this AGREEMENT and, further, that the following conditions shall have been satisfied or waived by ADMINISTRATIVE AGENT on or prior to the CONSTRUCTION LOAN TERMINATION COMPLETION DATE:
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Conditions Precedent to the Final Disbursements. The obligation of BANKS the BANK to make the final disbursement on the CONSTRUCTION LOAN shall be subject to the condition precedent that the BORROWER shall be in compliance with all conditions set forth in Sections 4.1 and 4.2 of this AGREEMENT and, further, that the following conditions shall have been satisfied or waived by ADMINISTRATIVE AGENT on or prior to the CONSTRUCTION LOAN TERMINATION COMPLETION DATE:
Appears in 1 contract
Samples: Construction Loan Agreement (Red Trail Energy, LLC)
Conditions Precedent to the Final Disbursements. The obligation of BANKS BANK to make the final disbursement on the CONSTRUCTION LOAN shall be subject to the condition precedent that BORROWER shall be in compliance with all conditions set forth in Sections 4.1 and 4.2 of this AGREEMENT and, further, that the following conditions shall have been satisfied or waived by ADMINISTRATIVE AGENT on or prior to the CONSTRUCTION LOAN TERMINATION DATE:
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Conditions Precedent to the Final Disbursements. The obligation of BANKS the BANK to make the final disbursement on the CONSTRUCTION LOAN shall be subject to the condition precedent that the BORROWER shall be in compliance with all conditions set forth in Sections 4.1 and 4.2 of this AGREEMENT and, and further, that the following conditions shall have been satisfied or waived by ADMINISTRATIVE AGENT on or prior to the CONSTRUCTION LOAN TERMINATION COMPLETION DATE:
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