Common use of Initial Advance Clause in Contracts

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue the initial Facility Letter of Credit hereunder, unless (a) the Borrower shall, prior to or concurrently with such initial Advance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, the following:

Appears in 4 contracts

Samples: Credit Agreement (Inland Real Estate Corp), Credit Agreement (Inland Diversified Real Estate Trust, Inc.), Credit Agreement (Inland Real Estate Corp)

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Initial Advance. The Lenders shall not be required to make the initial an Advance hereunder or issue the initial a Facility Letter of Credit hereunderhereunder after the Agreement Execution Date, unless (a) the Borrower shall, prior to or concurrently with such initial AdvanceAdvance or issuance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the Lenders, the following:

Appears in 4 contracts

Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp)

Initial Advance. The Lenders shall not be required to make the initial an Advance hereunder or issue the initial a Facility Letter of Credit hereunderhereunder after the Agreement Execution Date, unless (a) the Borrower shall, prior to or concurrently with such initial AdvanceAdvance or issuance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the Lenders, the following:

Appears in 3 contracts

Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp)

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue the initial Facility Letter of Credit hereunder, hereunder unless (a) the Borrower shall, prior to or concurrently with such initial AdvanceAdvance or issuance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the Lenders, the following:

Appears in 3 contracts

Samples: Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust)

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue the initial Facility Letter of Credit hereunder, unless (a) the Borrower shall, prior to or concurrently with such initial AdvanceAdvance or issuance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, the following:

Appears in 2 contracts

Samples: Credit Agreement (Retail Properties of America, Inc.), Credit Agreement (Inland Western Retail Real Estate Trust Inc)

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue the initial Facility Letter of Credit hereunder, unless (a) the Borrower shall, prior to or concurrently with such initial Advance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the Lenders, the following:

Appears in 2 contracts

Samples: Credit Agreement (Inland Real Estate Corp), Credit Agreement (Inland Real Estate Corp)

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue accept their respective participation interests in the initial Original Facility Letter Letters of Credit hereunder, unless (ai) the Borrower shall, prior to or concurrently with such initial Advance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (bii) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the Lenders, the following:

Appears in 2 contracts

Samples: Credit Agreement (Associated Estates Realty Corp), Credit Agreement (Associated Estates Realty Corp)

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Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue the initial Facility Letter of Credit hereunder, unless (a) the Borrower shall, prior to or concurrently with such initial AdvanceAdvance or issuance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the Lenders, the following:

Appears in 1 contract

Samples: Senior Revolving Credit Agreement (Terreno Realty Corp)

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder hereunder, or issue the initial Facility Letter of Credit hereunder, unless and until (a) the Borrower shall, prior to or concurrently with such initial Advancetherewith, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, Agent the following:following (except to the extent that the requirement to furnish any such items shall have been waived by the Lenders):

Appears in 1 contract

Samples: Secured Credit Agreement (Rouse Properties, Inc.)

Initial Advance. The Lenders shall not be required to make the initial Advance hereunder or issue at any time prior to the initial Facility Letter date of Credit hereunder, this Agreement and unless (a) and until the Borrower shall, prior to or concurrently with such initial Advance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have has furnished to the Administrative AgentAgent with, in the followingcase of each of the Loan Documents, sufficient copies for the Lenders:

Appears in 1 contract

Samples: Assignment Agreement (Syncor International Corp /De/)

Initial Advance. The Lenders shall not be required to make the initial Advance on the Agreement Execution Date hereunder or issue the initial Facility Letter of Credit hereunder, unless (a) the Borrower shall, prior to or concurrently with such initial Advance, have paid all fees due and payable to the Lenders and the Administrative Agent hereunder, and (b) the Borrower shall have furnished to the Administrative Agent, with sufficient copies for the following:Lenders, the following (the term “Borrower” being deemed to include any Qualified Borrower as of the Agreement Execution Date):

Appears in 1 contract

Samples: Secured Term Loan Agreement (Developers Diversified Realty Corp)

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