Conditions to Subsequent Advances. The obligation of Lender to make any advance subsequent to the initial advance is subject to the following conditions precedent:
Appears in 4 contracts
Samples: Loan and Security Agreement (Tattooed Chef, Inc.), Business Loan Agreement (Fuse Medical, Inc.), Loan and Security Agreement (Radisys Corp)
Conditions to Subsequent Advances. The obligation of Lender to make any advance each Advance hereunder subsequent to the initial advance is Initial Advance shall be subject to the prior or simultaneous occurrence or satisfaction of each of the following conditions precedentconditions:
Appears in 2 contracts
Samples: Construction Loan Agreement (IMH Financial Corp), Construction Loan Agreement (Owens Realty Mortgage, Inc.)
Conditions to Subsequent Advances. The Lender's obligation of Lender to make any advance Advances subsequent to the initial advance first Advance is subject to the following conditions precedenthaving been satisfied in the opinion of the Lender on or prior to the date of each such subsequent Advance:
Appears in 1 contract
