Common use of Conditions to Initial Loan Advance Clause in Contracts

Conditions to Initial Loan Advance. The obligation of Lender to advance the initial Loan hereunder is subject in each case to the satisfaction or waiver of the following conditions precedent on or before the applicable Borrowing Date:

Appears in 2 contracts

Samples: Master Loan and Servicing Agreement (Credit Store Inc), Master Loan and Servicing Agreement (Credit Store Inc)

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Conditions to Initial Loan Advance. The obligation of Lender to advance make the initial Loan hereunder Initial Advance is subject in each case to the prior or simultaneous occurrence or satisfaction or waiver of each of the following conditions precedent on or before the applicable Borrowing Date:conditions.

Appears in 1 contract

Samples: Loan Agreement (Cornerstone Healthcare Plus Reit, Inc.)

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Conditions to Initial Loan Advance. The obligation of Lender to ---------------------------------- advance the initial Loan hereunder is subject in each case to the satisfaction or waiver of the following conditions precedent on or before the applicable Borrowing Date:

Appears in 1 contract

Samples: Servicing Agreement (Performance Capital Management LLC)

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