Common use of Conditions to Initial Advance Clause in Contracts

Conditions to Initial Advance. The obligation of Lender to make the Initial Advance hereunder is subject to the prior or simultaneous occurrence of each of the following conditions:

Appears in 6 contracts

Samples: Construction Loan Agreement (Global Geophysical Services Inc), Construction Loan Agreement (Global Geophysical Services Inc), Loan Agreement (Stratus Properties Inc)

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Conditions to Initial Advance. The obligation of Lender to make the Initial initial Advance hereunder is subject to the satisfaction, in the sole discretion of Lender, at or prior or simultaneous occurrence to the first Advance hereunder, of each each, every and all of the following conditions:

Appears in 4 contracts

Samples: Revolving Loan and Security Agreement (Berry Corp (Bry)), Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.), Revolving Loan and Security Agreement (Snail, Inc.)

Conditions to Initial Advance. The obligation of Lender to make the Initial Advance hereunder hereunder, is subject to the prior or simultaneous occurrence of each of the following conditions:

Appears in 1 contract

Samples: Construction Loan Agreement (IMH Financial Corp)

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Conditions to Initial Advance. The obligation of Lender to make the ------------------------------- Initial Advance hereunder is subject to the prior or simultaneous occurrence of each of the following conditions:

Appears in 1 contract

Samples: Construction Loan Agreement (Rampart Capital Corp)

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