Common use of Conditions Precedent to Initial Extension of Credit Clause in Contracts

Conditions Precedent to Initial Extension of Credit. Borrower agrees that Lender’s obligation to Open the Loan and make the initial Advance under the Note is conditioned upon Borrower’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretion:

Conditions Precedent to Initial Extension of Credit. Borrower agrees that Lender’s obligation to Open open the Loan and make the initial Advance under the Note is conditioned upon Borrower’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretion:

Conditions Precedent to Initial Extension of Credit. Borrower agrees that Lender’s obligation to Open open the Loan Loans and make the initial Revolving Credit Advance under the Note is conditioned upon Borrower’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretion:

Conditions Precedent to Initial Extension of Credit. Borrower agrees that Lender’s obligation to Open open the Loan and make the initial Advance under the Note is conditioned upon Borrower’s delivery, performance and satisfaction of the following conditions precedent in form and substance satisfactory to Lender in its reasonable discretion:.