Common use of Non-Construction Conditions Precedent Clause in Contracts

Non-Construction Conditions Precedent. Borrower agrees that Lender's obligation to open the Loan and thereafter to make further disbursements of proceeds thereof is conditioned upon Borrower's delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretion:

Appears in 2 contracts

Samples: Construction Loan Agreement (American Leisure Holdings, Inc.), Construction Loan Agreement (Medical Properties Trust Inc)

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Non-Construction Conditions Precedent. Borrower agrees that Lender's ’s obligation to open the Loan and thereafter to make further disbursements of proceeds thereof is conditioned upon Borrower's ’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender Agent in its reasonable discretion:

Appears in 2 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Dupont Fabros Technology, Inc.)

Non-Construction Conditions Precedent. Borrower agrees that Lender's ’s obligation to open make the Loan and thereafter to make further disbursements of proceeds thereof is conditioned upon Borrower's ’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretiondiscretion (except as otherwise expressly set forth herein) prior to (or at the time of) Closing,:

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

Non-Construction Conditions Precedent. Borrower agrees that Lender's Lenders’ obligation to open make the initial advance of the Loan and thereafter to make further disbursements of proceeds thereof is conditioned upon Borrower's ’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender Agent in its reasonable discretion:

Appears in 1 contract

Samples: Construction Loan Agreement (Republic Property Trust)

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Non-Construction Conditions Precedent. Borrower agrees that Lender's ’s obligation to open the Loan and thereafter to make further disbursements of proceeds thereof is conditioned upon Borrower's ’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretion:

Appears in 1 contract

Samples: Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.)

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