Common use of Conditions to Subsequent Fundings Clause in Contracts

Conditions to Subsequent Fundings. Notwithstanding anything to the contrary contained herein, or in any other Operative Document, neither the Lender nor the Lessor shall have any obligation to make any Loan Advance or Contribution Advance, as the case may be, pursuant to the Funding Requisition following the Initial Loan Advance, unless each of the following conditions shall have been satisfied or waived by the Lender with respect to such Funding:

Appears in 2 contracts

Samples: Participation Agreement (STB Systems Inc), Master Participation Agreement (Eagle Usa Airfreight Inc)

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Conditions to Subsequent Fundings. Notwithstanding anything to the contrary contained herein, or in any other Operative Document, neither the Lender nor the Lessor shall have any obligation to make any Loan Advance or Contribution Advance, as the case may be, pursuant to the a Funding Requisition for Development Costs following the Initial Loan AdvanceAdvance for the acquisition of a Parcel on the Parcel Closing Date, unless each of the following conditions shall have been satisfied or waived by the Lender with respect to such Funding:

Appears in 1 contract

Samples: Master Participation Agreement (Atria Communities Inc)

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Conditions to Subsequent Fundings. Notwithstanding anything to the contrary contained herein, or in any other Operative Document, neither the Lender nor the Lessor shall have any obligation to make any Loan Advance or Contribution Advance, as the case may be, pursuant to the initial or any subsequent Funding Requisition following the Initial Loan AdvanceRequisition, unless each of the following conditions shall have been satisfied or waived by the Lender with respect to such Funding:

Appears in 1 contract

Samples: Participation Agreement (Eagle Usa Airfreight Inc)

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