Loan Closing. All conditions precedent to the closing of the Loan shall be complied with on or prior to the Closing Date. If such conditions are not complied with as of the Closing Date, Lender may terminate Lender's obligation to fund the Loan by written notice to Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Brookdale Senior Living Inc.), Mezzanine Loan Agreement (Brookdale Senior Living Inc.)
Loan Closing. All If the conditions precedent to the closing of the Loan shall be complied with on or prior to the Closing Date. If such conditions are not complied with as of the Closing Date, Lender may terminate Lender's ’s obligation to fund the Loan by written notice to Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Trade Street Residential, Inc.), Loan Agreement (Trade Street Residential, Inc.)
Loan Closing. All If the conditions precedent to the closing of the Loan shall be complied with on or prior to the Closing Date. If such conditions are not complied with as of the Closing Date, Lender may terminate Lender's obligation to fund the Loan by written notice to Borrower.
Appears in 1 contract
Loan Closing. All If the conditions precedent to the closing of the Loan shall be complied with on or prior to the Closing Date. If such conditions are not complied with as of the Closing Date, Lender may terminate Lender's ’s obligation to fund the Loan by written notice to BorrowerBorrowers.
Appears in 1 contract
Samples: Loan Agreement (Wells Mid-Horizon Value-Added Fund I LLC)
Loan Closing. All conditions precedent to the closing of the Loan shall be complied with on or prior to the Closing Date. If such conditions are not complied with as of the Closing Date, Lender may terminate Lender's obligation to fund the Loan by written notice to BorrowerBorrowers.
Appears in 1 contract
Samples: Hotel Loan Agreement (Ashford Hospitality Trust Inc)
Loan Closing. All material conditions precedent to the closing of the Loan shall be complied with in all material respects on or prior to the Closing Date. If such conditions are not complied with as of the Closing Date, Lender may terminate Lender's obligation to fund the Loan by written notice to BorrowerBorrowers.
Appears in 1 contract
