Conditions Precedent to the Initial Advance. The obligation of Lender and each Co-Lender to make the initial Advance of the Loan (or its pro rata share thereof) on the Closing Date is subject to the satisfaction by Borrower on the Closing Date of the following conditions precedent:
Appears in 3 contracts
Samples: Senior Secured Revolving Line of Credit Agreement (Interstate Hotels Corp), Loan Agreement (Starwood Lodging Corp), Line of Credit Agreement (Sun Communities Inc)
Conditions Precedent to the Initial Advance. The ------------------------------------------- obligation of Lender and each Co-Lender to make the initial Advance of the Loan (or its pro rata share thereof) on the Closing Date is subject to the satisfaction by Borrower on the Closing Date of the following conditions precedent:
Appears in 1 contract
Samples: Senior Unsecured Revolving Line of Credit Agreement (Sl Green Realty Corp)
