Initial Extension of Credit. The obligation of Bank to make the initial Advance under the Promissory Note is subject to the condition precedent that Bank shall have received on or before the day of such Advance all of the following, each dated (as applicable and unless otherwise indicated) on or as of the Effective Date, in form and substance satisfactory to Bank:
Appears in 3 contracts
Samples: Loan and Security Agreement (GlassBridge Enterprises, Inc.), Western Alliance Bank Loan and Security Agreement (AmeriHome, Inc.), Loan and Security Agreement (Impac Mortgage Holdings Inc)
Initial Extension of Credit. The obligation of Bank to make the initial Advance under the Promissory Note is subject to the condition precedent that Bank shall have received on or before the day of such Advance all of the following, each dated (as applicable and unless otherwise indicated) on or as of the Effective Closing Date, in form and substance satisfactory to Bank:
Appears in 3 contracts
Samples: Loan Agreement (United Development Funding IV), Loan Agreement (United Development Funding IV), Loan Agreement (Hartman Short Term Income Properties XX, Inc.)
Initial Extension of Credit. The obligation of Bank to make the initial Advance under the Promissory Note is subject to the condition precedent that Bank shall have received on or before the day of such Advance all of the following, each dated (as applicable and unless otherwise indicated) on or as of the Effective Date, in form and substance reasonably satisfactory to Bank:
Appears in 1 contract
Samples: Loan Agreement (AmeriHome, Inc.)
Initial Extension of Credit. The obligation of Bank the Lender to make the initial Advance under the Promissory Note is subject to the condition precedent that Bank the Lender shall have received on or before the day of such Advance all of the following, each dated (as applicable and unless otherwise indicated) on or as of the Effective Datedate hereof, in form and substance satisfactory to Bankthe Lender:
Appears in 1 contract
Samples: Loan Agreement (Spacehab Inc \Wa\)
Initial Extension of Credit. The obligation of Bank to make the initial Advance under the Promissory Note is subject to the condition precedent that Bank shall have received on or before the day of such Advance Closing Date all of the following, each dated (as applicable and unless otherwise indicated) on or as of the Effective Closing Date, in form and substance satisfactory to Bank:
Appears in 1 contract
Samples: Loan Agreement (United Development Funding Income Fund V)
Initial Extension of Credit. The obligation of Bank to make the initial Advance under any Note or issue the Promissory Note initial Letter of Credit is subject to the condition precedent that Bank shall have received on or before the day of such Advance or Letter of Credit all of the following, each dated (as applicable and unless otherwise indicated) on or as of the Effective Closing Date, in form and substance satisfactory to Bank:
Appears in 1 contract
