Common use of First Advance Clause in Contracts

First Advance. As of the date of the first advance of Project Funds to Lessee pursuant to this Agreement, the amount of the money expended by Lessee on account of the construction of the Project in accordance with the Project Plans and the items listed on Project Budget will not be less than the amount of such first advance.

Appears in 4 contracts

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\), Leasehold Improvement Agreement (Emeritus Corp\wa\), Leasehold Improvement Agreement (Emeritus Corp\wa\)

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First Advance. As of the date of the first advance of Project Funds to Lessee pursuant to this Agreement, the amount of the money expended by Lessee on account of the construction of the Project in accordance with the Project Plans and the items listed on Project Budget will not be less than the amount of such first advance.. 5.8

Appears in 2 contracts

Samples: Leasehold Improvement Agreement (Emeritus Corp\wa\), Arizona Leasehold Improvement Agreement (Emeritus Corp\wa\)

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First Advance. As of the date of the first advance of Project Funds to the Lessee pursuant to this Agreement, the amount of the money expended by the Lessee on account of the construction of the Project in accordance with the Project Plans and the items listed on Project Budget will not be less than the amount of such first advance.

Appears in 2 contracts

Samples: Balanced Care Corp, Balanced Care Corp

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