Additional Fixed Loans Clause Samples

Additional Fixed Loans. If the Loan Request is to obtain an Additional Fixed Loan pursuant to Section 2.05 of this Agreement, such Loan Request shall be in the minimum amount of $3,000,000. If all conditions precedent contained in Section 4.03 and the General Conditions contained in Section 4.01 are satisfied, Lender shall make the requested Additional Fixed Loan, at a closing to be held at offices designated by Lender and reasonably acceptable to the applicable Collateral Pool Borrower on a Closing Date proposed by such Borrower and approved by Lender, which date shall be not more than three (3) Business Days after such Borrower’s receipt from Lender of the confirmed Rate Form (or on such other date as Borrower and Lender may agree).