Common use of Conditions to Closing and Initial Advance Clause in Contracts

Conditions to Closing and Initial Advance. No Lender shall be obligated to make the initial Advance hereunder nor shall any Lender, the Administrative Agent, the Backup Servicer, the Trustee or the Collection Account Bank be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by the Administrative Agent:

Conditions to Closing and Initial Advance. No Lender shall be obligated to make any Advance hereunder on the occasion of the initial Advance hereunder nor shall any LenderAdvance, and the Lenders, the Administrative Agent, the Backup ServicerLender Agents, the Trustee or Collateral Agent and the Collection Account Bank Collateral Custodian shall not be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, satisfied or waived in writing by the Administrative Agent:Agent (in each case in its sole and absolute discretion):

Conditions to Closing and Initial Advance. No The Lender shall not be obligated to make the initial any Advance hereunder on the occasion of the Initial Advance, nor shall any the Lender, the Administrative Agent, the Backup Servicer, Agent and the Trustee or the Collection Account Bank be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by by, the Administrative Agent:

Conditions to Closing and Initial Advance. No Lender shall be obligated to make the initial any Advance hereunder on the occasion of the Initial Advance, nor shall any Lender, the Administrative Agent, the Backup Servicer, the Trustee Agent or the Collection Account Bank Collateral Custodian be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by the Administrative Agent:

Conditions to Closing and Initial Advance. No Lender shall be obligated to make the initial any Advance hereunder on the occasion of the Initial Advance, nor shall any Lender, the Administrative Agent, the Backup Servicer, Agent or the Trustee or the Collection Account Bank be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, satisfied or waived in writing by the Administrative AgentAgent and the Class B Lenders:

Conditions to Closing and Initial Advance. No Lender shall be obligated to make the initial any Advance hereunder on the occasion of the Initial Advance, nor shall any Lender, the Administrative Agent, the Backup Servicer, the Trustee or the Collection Account Bank Lenders be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by the Administrative AgentAgent and each Lender:

Conditions to Closing and Initial Advance. No Lender The Lenders shall not be obligated to make the initial any Advance hereunder on the occasion of the Initial Advance, nor shall any Lender, the Administrative Agent, the Backup ServicerLender Agents, the Trustee or and the Collection Account Bank Backup Servicer be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by by, the Administrative Agent and each Lender Agent:

Conditions to Closing and Initial Advance. No Lender shall be obligated to make the initial any Advance hereunder on the occasion of the Initial Advance, nor shall any Lender, the Administrative Agent, the Backup Servicer, Agent or the Trustee or the Collection Account Bank be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by the Administrative AgentAgent and the Class B Lenders:

Conditions to Closing and Initial Advance. No Lender shall be obligated to make the initial Advance hereunder nor shall any Lender, the Administrative Agent, the Backup Servicer, the Trustee Collateral Custodian or the Collection Account Bank be obligated to take, fulfill or perform any other action hereunder, until the following conditions have been satisfied, in the sole discretion of, or waived in writing by the Administrative Agent: