Common use of Advance Not A Waiver Clause in Contracts

Advance Not A Waiver. No Advance of the proceeds of the Loan shall constitute a waiver of any of the conditions of Lender’s obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default.

Appears in 8 contracts

Samples: Construction Loan Agreement (Stratus Properties Inc), Construction Loan Agreement, Construction Loan Agreement (Stratus Properties Inc)

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Advance Not A Waiver. No Advance of the proceeds of the Loan shall constitute a waiver of any of the conditions of Lender’s 's obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default.

Appears in 5 contracts

Samples: Loan Agreement (Stratus Properties Inc), Construction Loan Agreement (Stratus Properties Inc), Construction Loan Agreement (Stratus Properties Inc)

Advance Not A Waiver. No Advance of the proceeds of the Loan shall constitute a waiver of any of the conditions of LenderBank’s obligation to make further Advances, nor, in the event Borrower is Borrowers are unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender Bank from thereafter declaring such inability to be an Event of Default.

Appears in 4 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)

Advance Not A Waiver. No Advance of the proceeds of either of the Loan Loans shall constitute a waiver of any of the conditions of Lender’s Bank's obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender Bank from thereafter declaring such inability to be an Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

Advance Not A Waiver. No Advance of the proceeds of the Loan shall constitute a waiver of any of the conditions of Lender’s obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Advance Not A Waiver. No Advance of the proceeds of the Loan shall constitute a waiver of any of the conditions of LenderXxxxxx’s obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default.

Appears in 1 contract

Samples: Construction Loan Agreement (Stratus Properties Inc)

Advance Not A Waiver. No Advance of the proceeds of the Loan shall -------------------- constitute a waiver of any of the conditions of Lender’s 's obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender from thereafter declaring such inability to be an Event of DefaultDefault as hereinafter provided.

Appears in 1 contract

Samples: Construction Loan Agreement (Rampart Capital Corp)

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Advance Not A Waiver. No Advance of the proceeds of the any Loan shall constitute a waiver of any of the conditions of Lender’s obligation to make further AdvancesAdvances under said Loan, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance under any Loan have the effect of precluding Lender from thereafter declaring such inability to be an Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Century Communities, Inc.)

Advance Not A Waiver. No Advance of the proceeds of either of the Loan Loans shall constitute a waiver of any of the conditions of LenderBank’s obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender Bank from thereafter declaring such inability to be an Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

Advance Not A Waiver. No Advance of the proceeds of the Revolving Loan shall constitute a waiver of any of the conditions of Lender’s Bank's obligation to make further Advances, nor, in the event Borrower is Borrowers are unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender Bank from thereafter declaring such inability to be an Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

Advance Not A Waiver. No Advance of the proceeds of the Loan shall constitute a waiver of any of the conditions of Lenderto Bank’s obligation to make further Advances, nor, in the event Borrower is unable to satisfy any such condition, shall any such Advance have the effect of precluding Lender Bank from thereafter declaring such inability if existing at such later time to be an Event of DefaultDefault as hereinafter provided.

Appears in 1 contract

Samples: Loan Agreement (Sanara MedTech Inc.)

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