Conditions to Initial Advance. The initial advance of the Loan shall be subject to Lender's receipt, review, approval and/or confirmation of the following, at Borrower's cost and expense, each in form and content satisfactory to Lender in its sole discretion:
Appears in 4 contracts
Samples: Loan Agreement (American Retirement Corp), Loan Agreement (American Retirement Corp), Loan Agreement (Winston Hotels Inc)
Conditions to Initial Advance. The initial advance of the Loan shall be subject to the terms of any commitment letter (if any) issued by Lender with respect to the Loan, and Lender's receipt, review, approval and/or confirmation of the following, at Borrower's cost and expense, each in form and content satisfactory to Lender in its sole discretion:
Appears in 2 contracts
Samples: Loan Agreement (Cornerstone Core Properties REIT, Inc.), Loan Agreement (Cornerstone Core Properties REIT, Inc.)
Conditions to Initial Advance. The initial advance Advance of the Loan shall be subject to Lender's receipt, review, approval and/or confirmation of the following, at Borrower's cost and expenseexpense (other than the cost of obtaining FICO scores), each in form and content satisfactory to Lender in its sole discretion:
Appears in 1 contract
Conditions to Initial Advance. The initial advance of the Loan shall be subject to the terms of any commitment letter (if any) issued by Lender with respect to the Loan, and Lender's ’s receipt, review, approval and/or confirmation of the following, at Borrower's ’s cost and expense, each in form and content satisfactory to Lender in its sole discretion:
Appears in 1 contract
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.)