Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following items, each of which shall be satisfactory to the Lender and its counsel in form and substance:
Appears in 12 contracts
Sources: Credit Agreement (Affordable Residential Communities Inc), Master Loan and Security Agreement (New Century Financial Corp), Master Loan and Security Agreement (Aames Financial Corp/De)
Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsdocuments, each of which shall be satisfactory to the Lender and its counsel in form and substance:
Appears in 6 contracts
Sources: Master Loan and Security Agreement (Advanta Corp), Master Loan and Security Agreement (Resource America Inc), Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)
Initial Loan. The obligation of the Lender to make its initial Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsitems and documents, each of which shall be satisfactory to the Lender and its counsel in form and substance:
Appears in 5 contracts
Sources: CMBS Loan Agreement (Capital Trust Inc), Master Loan and Security Agreement (Capital Trust), CMBS Loan Agreement (Capital Trust)
Initial Loan. The obligation of the Lender to make its initial ------------ Loan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following itemsdocuments, each of which shall be satisfactory to the Lender and its counsel in form and substance:
Appears in 2 contracts
Sources: Master Loan and Security Agreement (Franchise Mortgage Acceptance Co), Master Loan and Security Agreement (Life Financial Corp)
Initial Loan. The obligation of the Lender to make its initial Loan ------------ initialLoan hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan, of the condition precedent that the Lender shall have received all of the following items, each of which shall be satisfactory to the Lender and its counsel in form and substance:
Appears in 1 contract
Sources: Master Loan and Security Agreement (New Century Financial Corp)