Initial and Subsequent Loans. The making of each Loan to the Borrowers (including the initial Loan) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Loan and also after giving effect thereto and to the intended use thereof:
Appears in 13 contracts
Samples: Master Loan and Security Agreement (New Century Financial Corp), Credit Agreement (Affordable Residential Communities Inc), Master Loan and Security Agreement (New Century Financial Corp)
Initial and Subsequent Loans. The making of each Loan to the Borrowers Borrower (including the initial Loan) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Loan and also after giving effect thereto and to the intended use thereof:
Appears in 4 contracts
Samples: Master Loan and Security Agreement (New Century Financial Corp), Master Loan, Guarantee and Security Agreement (Northstar Realty), Master Loan and Security Agreement (Aames Financial Corp/De)
Initial and Subsequent Loans. The making of each Loan to the Borrowers ---------------------------- Borrower (including the initial Loan) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Loan and also after giving effect thereto and to the intended use thereof:
Appears in 1 contract
Samples: Master Loan and Security Agreement (New Century Financial Corp)
Initial and Subsequent Loans. The making of each Loan to the Borrowers a Borrower (including the initial Loan) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Loan and also after giving effect thereto and to the intended use thereof:
Appears in 1 contract
