Common use of Initial Loan Clause in Contracts

Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following items, each of which shall be satisfactory to the Lender and its counsel in form and substance:

Appears in 12 contracts

Samples: Master Loan and Security Agreement (New Century Financial Corp), Master Loan and Security Agreement (Aames Financial Corp/De), Master Loan and Security Agreement (Aames Financial Corp/De)

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Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsdocuments, each of which shall be satisfactory to the Lender and its counsel in form and substance:

Appears in 7 contracts

Samples: Master Loan and Security Agreement (Advanta Corp), Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc), Master Loan and Security Agreement (Advanta Corp)

Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsitems and documents, each of which shall be satisfactory to the Lender and its counsel in form and substance:

Appears in 5 contracts

Samples: Loan Agreement (Capital Trust Inc), Master Loan and Security Agreement (Capital Trust Inc), Master Loan and Security Agreement (Capital Trust)

Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsfollowing, each of which shall be reasonably satisfactory to the Lender and its counsel in form and substance:

Appears in 3 contracts

Samples: Master Loan and Security Agreement (Allied Capital Corp), Master Loan and Security Agreement (Allied Capital Corp), Loan and Security Agreement (Allied Capital Corp)

Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following items, each of which shall be satisfactory to the Lender and its counsel in form and substanceconditions precedent:

Appears in 3 contracts

Samples: Master Loan and Security Agreement (Southern Pacific Funding Corp), Master Loan and Security Agreement (Southern Pacific Funding Corp), Master Loan and Security Agreement (Amresco Inc)

Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsdocuments, each of which shall be satisfactory to the Lender and its counsel in form and substancesubstance in its sole discretion:

Appears in 2 contracts

Samples: Guarantee and Security Agreement (Northstar Realty), Credit Agreement (Anthracite Capital Inc)

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Initial Loan. The obligation of the Lender to make its initial ------------ Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsdocuments, each of which shall be satisfactory to the Lender and its counsel in form and substance:

Appears in 2 contracts

Samples: Master Loan and Security Agreement (Franchise Mortgage Acceptance Co), Master Loan and Security Agreement (Life Financial Corp)

Initial Loan. The obligation of the Lender to make its the initial Loan hereunder is shall be subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following items, each of which shall be satisfactory to the Lender and its counsel concurrent satisfaction (in form and substancesubstance satisfactory to Lender) of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Secured Credit Agreement (Tro Learning Inc)

Initial Loan. The obligation of the Lender to make its initial Loan ------------ initialLoan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following items, each of which shall be satisfactory to the Lender and its counsel in form and substance:

Appears in 1 contract

Samples: Master Loan and Security Agreement (New Century Financial Corp)

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