CONDITIONS FOR ADVANCES definition

CONDITIONS FOR ADVANCES. If no Event of Default has occurred under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: UPON AUTHORIZATION OF LENDER.
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions:
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies or make draws under this Note (subject to the limitations described above) under the following conditions: THIS NOTE EVIDENCES A DISCRETIONARY LINE OF CREDIT; IT SHALL NOT MEAN THAT THE BANK IS OBLIGATED TO MAKE ANY ADVANCES. EACH ADVANCE ON THIS NOTE SHALL BE IN THE SOLE DISCRETION OF THE BANK'S OFFICERS. BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: NOVEMBER 15, 1999 -------------------------------------------------------------------------------- BORROWER: LSC, INC. BORROWER: ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ /s/ J. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ---------------------------------- ---------------------------------- J ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇, INDIVIDUALLY PRESIDENT -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- BORROWER: ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ REVOCABLE TRUST BORROWER: ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇▇

More Definitions of CONDITIONS FOR ADVANCES

CONDITIONS FOR ADVANCES. If there is no de▇▇▇▇▇ under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitation described above) under the following conditions:
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: PER SECTION 4 OF THE "COMMERCIAL CONSTRUCTION LOAN AGREEMENT" DATED THIS SAME DATE. BORR▇▇▇▇ ▇▇▇NOWLEDGES THAT BORR▇▇▇▇ ▇▇▇ READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: SEPTEMBER 27, 1999 BORROWER: NINE LINE, INC., BORROWER: a Colorado corporation /s/ Char▇▇▇ ▇▇▇▇▇▇ ----------------------------------------------- ------------------------------------------------ CHAR▇▇▇ ▇▇▇▇▇▇ ▇▇▇IOR VICE PRESIDENT BORROWER: BORROWER: ----------------------------------------------- ------------------------------------------------ BORROWER: BORROWER: ----------------------------------------------- ------------------------------------------------ BORROWER: BORROWER: ----------------------------------------------- ------------------------------------------------ ---------------------------------------------- BORROWER NINE LINE, INC., A COLORADO CORPORATION FIRSTIER BANK EXTENSION AND AMENDMENT TO 9191 ▇▇▇▇▇▇▇▇ ▇▇▇▇. PROMISSORY NOTE WESTMINSTER, COLORADO 80031 ADDRESS (303) ▇▇▇-▇▇▇▇ "LENDER" 3883 ▇▇▇▇▇▇ ▇▇▇▇, SUITE 1 SAN DIEGO, CA 92123 TELEPHONE NO. IDENTIFICATION NO. (303) ▇▇▇-▇▇▇▇ ---------------------------------------------- ---------------------------------------------------------------------------------------------------------------------- NOTE INTEREST RATE PRINCIPAL FUNDING MATURITY CUSTOMER LOAN INFORMATION AMOUNT DATE DATE NUMBER NUMBER ---------------------------------------------------------------------------------------------------------------------- Variable $1,300,000.00 09/27/99 06/27/00 05-174961 ---------------------------------------------------------------------------------------------------------------------- AMENDMENT TO LOAN TO CONVERT CONSTRUCTION LOAN TO A MINI-PERM ---------------------------------------------------------------------------------------------------------------------- EXTENSION AND AMENDMENT TO NOTE Effective June 09, 2000, Borr▇▇▇▇ ▇▇▇ Lend▇▇ ▇▇▇ee that the Note, identified above, (the "Note") shall be amended as follows: [X] EXTENSION: The Maturity Date of the Note is extended to June 9, 2006.
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: -------------------------------------------------------------------------------- BORROWER ACKNOWLEDGES THAT BORROWER HAS READ, UNDERSTANDS, AND AGREES TO THE TERMS AND CONDITIONS OF THIS NOTE INCLUDING THE PROVISIONS ON THE REVERSE SIDE. BORROWER ACKNOWLEDGES RECEIPT OF AN EXACT COPY OF THIS NOTE. NOTE DATE: APRIL 26, 1996 BORROWER: CORAL SYSTEMS, INC. BORROWER: CORAL SYSTEMS, INC. /s/ ERIC ▇▇▇▇▇▇▇ /s/ HOWA▇▇ ▇▇▇▇▇▇▇▇▇▇ ------------------------------------ ---------------------------------------- ERIC ▇▇▇▇▇▇▇ HOWA▇▇ ▇▇▇▇▇▇▇▇▇▇ TERMS AND CONDITIONS
CONDITIONS FOR ADVANCES. If there is no default under this Note, Borrower shall be entitled to borrow monies under this Note (subject to the limitations described above) under the following conditions: IN AGREEING TO THE FOREGOING PROVISIONS, IT IS UNDERSTOOD THAT NO MORE THAN TWO ADVANCES (IN A MINIMUM OF $10,000 EACH) WILL BE MADE IN EACH 30 DAY PERIOD. ADVANCES AND DEDUCTS FROM ACCOUNT #239361.
CONDITIONS FOR ADVANCES means: (i) no Event of Default is then occurring; (ii) Availability exists under the requested Loan; and (iii) Administrative Agent shall have received such due diligence documents, certificates, or information, as it shall reasonably request with respect to requested Loan.