Common use of Conditions to Loan Closing Clause in Contracts

Conditions to Loan Closing. Prior to and as a condition to the closing of the Loan, Lender must have received and approved the items (and obtained evidence of the satisfaction of the items) specified in this Section 10. These items must be fully executed where applicable, and all submissions which are not originals must be true and complete copies of these items and if requested by Lender, must be so certified by Borrower, Owner or Guarantor or both such parties (as the case may be).

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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Conditions to Loan Closing. Prior to and as a condition to the closing of the Loan, Lender must have received and approved the items (and obtained evidence of the satisfaction of the items) specified in this Section 10. These items must be fully executed where applicable, and all submissions which are not originals must be true and complete copies of these items and if requested by Lender, must be so certified by BorrowerBorrower or any Borrower Party, Owner or Guarantor or both such parties (as the case may be).

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc), Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

Conditions to Loan Closing. Prior to and as a condition to the closing of the Loan, Lender must have received and approved the items (and obtained evidence of the satisfaction of the items) specified in this Section 10. These items must be fully executed where applicable, and all submissions which are not originals must be true and complete copies of these items and if -48- requested by Lender, must be so certified by Borrower, Owner or Guarantor or both such parties (as the case may be).

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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Conditions to Loan Closing. Prior to and as a condition to the closing of the Loan, Lender must have received and approved the items (and obtained evidence of the satisfaction of the items) specified in this Section 10. These items must be fully executed where applicable, and all submissions which are not originals must be true and complete copies of these items and if requested by Lender, must be so certified by Borrower, Owner or Guarantor Guarantor, or both such parties (as the case may be).

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Preferred Apartment Communities Inc)

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