Common use of Initial Advances, Etc Clause in Contracts

Initial Advances, Etc. The obligation of each Lender to make the initial Advance to be made by it is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):

Appears in 8 contracts

Samples: Loan Agreement (Station Casinos Inc), Loan Agreement (Station Casinos Inc), Assignment Agreement (Harrahs Entertainment Inc)

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Initial Advances, Etc. The obligation of each Lender to make the initial Advance to be made by it is are each subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):

Appears in 2 contracts

Samples: Term Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)

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