Loan Closing. If the conditions precedent to the closing of the Loan 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
Sources: Loan Agreement (Trade Street Residential, Inc.), Loan Agreement (Trade Street Residential, Inc.)
Loan Closing. If the 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 's obligation to fund the Loan by written notice to Borrower.
Appears in 2 contracts
Sources: Mezzanine Loan Agreement (Brookdale Senior Living Inc.), Loan Agreement (Brookdale Senior Living Inc.)
Loan Closing. If the conditions precedent to the closing of the Loan 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 1 contract
Loan Closing. If the 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 's obligation to fund the Loan by written notice to BorrowerBorrowers.
Appears in 1 contract
Sources: Hotel Loan Agreement (Ashford Hospitality Trust Inc)
Loan Closing. If the conditions precedent to the closing of the Loan 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
Sources: Loan Agreement (Wells Mid-Horizon Value-Added Fund I LLC)
Loan Closing. If the 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 's obligation to fund the Loan by written notice to BorrowerBorrowers.
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