Common use of Conditions Precedent to Funding Clause in Contracts

Conditions Precedent to Funding. The Lender shall not be obligated to fund the Project Loan until all of the conditions set forth in this Section 7 shall have been satisfied.

Appears in 2 contracts

Sources: Project Loan Agreement (Agree Realty Corp), Project Loan Agreement (Agree Realty Corp)

Conditions Precedent to Funding. The Lender shall not be obligated to fund the Project Loan until all of the conditions set forth in this Section 7 and in the Participation Agreement shall have been satisfied.

Appears in 1 contract

Sources: Project Loan Agreement (Agree Realty Corp)