CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent’s satisfaction in its good faith business judgment, Borrower must have satisfied the conditions required under this Agreement, including all of those conditions set forth in Exhibit “C” and Section 4 below.
Appears in 2 contracts
Samples: Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.), Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first advance Advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent’s satisfaction in its good faith business judgment's satisfaction, Borrower must have satisfied the conditions required under this Agreement, including all of those conditions set forth in Exhibit “C” EXHIBIT C and Section SECTION 4 below.
Appears in 2 contracts
Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent’s satisfaction in its good faith business judgment's satisfaction, Borrower must have satisfied the conditions required under this Agreement, including all of those conditions set forth in Exhibit “"C” " Exhibit "C-1" and Section 4 below.
Appears in 1 contract
Samples: Construction Loan Agreement (FelCor Lodging Trust Inc)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first advance Advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent’s satisfaction in its good faith business judgment, Borrower Borrowers must have satisfied the conditions required under this Agreement, including all of those conditions set forth in Exhibit “C” C and Section 4 below.
Appears in 1 contract
Samples: Credit Agreement (Behringer Harvard Opportunity REIT I, Inc.)