Common use of LENDER MAY MAKE DISBURSEMENT NOTWITHSTANDING NONCOMPLIANCE Clause in Contracts

LENDER MAY MAKE DISBURSEMENT NOTWITHSTANDING NONCOMPLIANCE. Notwithstanding the failure of any condition precedent to Lender's obligation to make any disbursement hereunder, Lender may make such disbursement if Lender, in its sole discretion, determines the making of the same to be advisable. The making of any disbursement, either before or after the satisfaction of all conditions precedent with respect to Lender's obligation to make the same, shall not be deemed to constitute an approval or acceptance by Lender of the Development Work or the Construction Improvements theretofore completed or a waiver of such condition with respect to a subsequent disbursement.

LENDER MAY MAKE DISBURSEMENT NOTWITHSTANDING NONCOMPLIANCE. Notwithstanding the failure of any condition precedent to Lender's obligation to make any disbursement hereunder, Lender may make such disbursement if Lender, in its sole discretion, determines the making of the same to be advisable. The making of any disbursement, either before or after the satisfaction of all conditions precedent with respect to Lender's obligation to make the same, shall not be deemed to constitute an approval or acceptance by Lender of the Development Work or the Construction Improvements theretofore completed or a waiver of such condition with respect to a subsequent disbursement.

LENDER MAY MAKE DISBURSEMENT NOTWITHSTANDING NONCOMPLIANCE. Notwithstanding the failure of any condition precedent to Lender's obligation to make any disbursement hereunderhereunder or under the Loan Agreement Supplements, Lender may make such disbursement if Lender, in its sole discretion, determines the making of the same to be advisable. The making of any disbursement, either before or after the satisfaction of all conditions precedent with respect to Lender's obligation to make the same, shall not be deemed to constitute an approval or acceptance by Lender of the Development Work or the Construction Improvements theretofore completed or a waiver of such condition with respect to a subsequent disbursement.

LENDER MAY MAKE DISBURSEMENT NOTWITHSTANDING NONCOMPLIANCE. Notwithstanding the failure of any condition precedent to Lender's obligation to make any disbursement hereunder, Lender may make such disbursement if Lender, in its sole discretion, determines the making of the same to be advisable. The making of any disbursementdisbursment, either before or after the satisfaction of all conditions precedent with respect to Lender's obligation to make the same, shall not be deemed to constitute an approval or acceptance by Lender of the Development Work or the Construction Improvements any construction work theretofore completed or a waiver of such condition with respect to a subsequent disbursement.