Conditions to Initial Disbursement of Loans. The obligation of Lenders to make the initial disbursement of the Loans shall be subject to satisfaction of each of the following conditions precedent on or before the Closing Date:
Appears in 3 contracts
Samples: Credit Agreement (Smith Charles E Residential Realty Inc), Credit Agreement (Prudential Bache Equitec Real Estate Partnership), Credit Agreement (Excel Realty Trust Inc)
Conditions to Initial Disbursement of Loans. The obligation of Lenders to make the initial disbursement of the Loans on the Closing Date shall be subject to satisfaction of each of the following conditions precedent on or before the Closing Dateprecedent:
Appears in 1 contract
Conditions to Initial Disbursement of Loans. The obligation of Lenders and Swingline Lender to make the initial disbursement of the Loans shall be subject to satisfaction of each of the following conditions precedent on or before the Closing Date:
Appears in 1 contract
Samples: Credit Agreement (Manufactured Home Communities Inc)
Conditions to Initial Disbursement of Loans. The obligation of Lenders the Banks to make the initial disbursement of the Loans shall be subject to satisfaction (or waiver in writing by the Administrative Agent) of each of the following conditions precedent on or before the Closing Date:
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