Common use of CONDITIONS TO MODIFICATION Clause in Contracts

CONDITIONS TO MODIFICATION. The following are conditions precedent to the modification of the Loan under this Agreement, for the benefit of Lender only. If any of the following conditions shall not be satisfied on or before April ___, 2017, then without limitation on Lender’s rights and remedies at law or in equity, at Lender’s option, Section 2.1 of this Agreement shall be of no further force or effect.

Appears in 3 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement (Reven Housing REIT, Inc.), Loan Modification Agreement (Reven Housing REIT, Inc.)

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CONDITIONS TO MODIFICATION. The following are conditions precedent to the modification of the Loan under this Agreement, for the benefit of Lender only. If any of the following conditions shall not be satisfied on or before April ___, 2017, then without limitation on Lender’s rights and remedies at law or in equity, at Lender’s option, Section 2.1 of this Agreement shall be of no further force or effect.

Appears in 2 contracts

Samples: Loan Modification Agreement (Reven Housing REIT, Inc.), Memorandum of Loan Modification Agreement (Reven Housing REIT, Inc.)

CONDITIONS TO MODIFICATION. The following are conditions precedent to the modification of the Loan under this Agreement, for the benefit of Lender only. If any of the following conditions shall not be satisfied on or before April _February __, 20172013, then without limitation on Lender’s rights and remedies at law or in equity, at Lender’s option, Section 2.1 of this Agreement shall be of no further force or effect.

Appears in 1 contract

Samples: Loan Extension and Modification Agreement (Netreit, Inc.)

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CONDITIONS TO MODIFICATION. The following are conditions precedent to the modification of the Loan under this Agreement, for the benefit of Lender only. If any of the following conditions shall not be satisfied on or before April ___, 2017the date that is two (2) Business Days after the date hereof, then without limitation on Lender’s 's rights and remedies at law or in equity, at Lender’s option, Section 2.1 of 's option this Agreement or any portion hereof shall be of no further force or effect.

Appears in 1 contract

Samples: Loan Modification Agreement (Lodging Fund REIT III, Inc.)

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