Common use of Conditions of Advances Clause in Contracts

Conditions of Advances. Lender’s obligation to make each Advance (including the Initial Advance) shall be subject to the following additional conditions precedent, in addition to all other conditions of each Advance provided elsewhere in this Agreement and in the other Loan Documents:

Appears in 3 contracts

Samples: Business Loan and Security Agreement (Iron Bridge Mortgage Fund, LLC), Loan and Security Agreement (Terra Property Trust, Inc.), Loan and Security Agreement (Terra Secured Income Fund 5, LLC)

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Conditions of Advances. Lender’s obligation to make each Advance (including the Initial Advance) shall be subject to the satisfaction or waiver by Lender of the following additional conditions precedent, in addition to all other conditions of each Advance provided elsewhere in this Agreement and in the other Loan Documents:

Appears in 2 contracts

Samples: Business Loan Agreement (Redwood Mortgage Investors Viii), Business Loan Agreement (Redwood Mortgage Investors IX)

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