Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender.
Appears in 31 contracts
Samples: Loan Agreement (TNP Strategic Retail Trust, Inc.), Loan Agreement (Hilton Worldwide Holdings Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the Lender's application or term sheet for the Loan delivered by Borrower to Lender (“Term Sheet”) and the commitment or commitment rider, if any, to the application or term sheet Term Sheet for the Loan issued by Lender.
Appears in 6 contracts
Samples: Loan Agreement (Red Oak Capital Fund IV, LLC), Loan Agreement (Red Oak Capital Fund IV, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in Section 3.1 of the application or term sheet for Building Loan Agreement no later than the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by LenderClosing Date.
Appears in 4 contracts
Samples: Project Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender. The funding of the entire amount of the Loan by Lender shall constitute the acknowledgement of Lender that all such conditions precedent have been met to the satisfaction of Lender.
Appears in 3 contracts
Samples: Loan Agreement (Ashford Hospitality Prime, Inc.), Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender; provided, however, that upon Lender’s execution and delivery of this Agreement, said conditions precedent shall be deemed to have been fulfilled.
Appears in 3 contracts
Samples: Loan Agreement (Strategic Storage Trust, Inc.), Loan Agreement (Strategic Storage Trust II, Inc.), Loan Agreement (Strategic Storage Trust IV, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by between Borrower to and Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender.
Appears in 2 contracts
Samples: Loan Agreement (Cole Credit Property Trust III, Inc.), Loan Agreement (Cole Credit Property Trust III, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender, and each such condition precedent shall be deemed to have been so satisfied or waived upon the making of the Loan by Lender to Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Park Hotels & Resorts Inc.), Loan Agreement (Park Hotels & Resorts Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by LenderLoan.
Appears in 2 contracts
Samples: Loan Agreement (BRE Select Hotels Corp), Loan Agreement (MGM Growth Properties Operating Partnership LP)
Conditions Precedent to Closing. The obligation of Original Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Original Lender of all of the conditions precedent to closing set forth in herein (it being understood and agreed that by making the application Loan, all such conditions shall be deemed to have been either waived by Original Lender or term sheet for the Loan delivered satisfied by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by LenderBorrower).
Appears in 2 contracts
Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (Procaccianti Hotel Reit, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan and Mortgage Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Global Income Trust, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower Xxxxxxxx or waiver by Lender Xxxxxx of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by LenderLoan.
Appears in 1 contract
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender.. 90526285v7
Appears in 1 contract
Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered executed by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender.
Appears in 1 contract
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender, together with Lender’s receipt of the executed Ground Lease Estoppel.
Appears in 1 contract
Samples: Loan Agreement (Carter Validus Mission Critical REIT II, Inc.)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the Lender’s application or term sheet for the Loan delivered by Borrower to Lender (“Term Sheet”) and the commitment or commitment rider, if any, to the application or term sheet Term Sheet for the Loan issued by Lender.
Appears in 1 contract
Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC)
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower Xxxxxxxx, or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender Xxxxxxxx and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by LenderXxxxxx.
Appears in 1 contract
Conditions Precedent to Closing. The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of all of the conditions precedent to closing set forth in the application or term sheet for the Loan delivered by Borrower to Lender and the commitment or commitment rider, if any, to the application or term sheet for the Loan issued by Lender. By its execution hereof, Lender acknowledges and agrees that all such conditions precedent have been performed or delivered, as applicable, to Lender’s satisfaction, or otherwise waived.
Appears in 1 contract
