Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on or prior to the Drawdown Date of the initial Advance, and on the Drawdown Date of the initial Advance, there shall exist no Default or Event of Default.
Appears in 8 contracts
Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)
Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on at or prior to the Drawdown Date date of the initial such Advance, and on the Drawdown Date date of the initial Advance, such Advance there shall exist no Default or Event of DefaultDefault or Shortfall.
Appears in 8 contracts
Samples: Project Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust)
Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on or prior to the Drawdown Date of the initial such Advance, and on the Drawdown Date of the initial Advance, such Advance there shall exist no Default or Event of Default.
Appears in 8 contracts
Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)
Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on at or prior to the Drawdown Date date of the initial such Initial Advance, and on the Drawdown Date date of the initial Advance, such Initial Advance there shall exist no Default or Event of Default.
Appears in 8 contracts
Samples: Project Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust)
Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on or prior to the Drawdown Date of the initial Advance, and on the Drawdown Date of the initial Advance, there shall exist no Default or Event of Default.
Appears in 3 contracts
Samples: Construction Loan Agreement (CNL Growth Properties, Inc.), Credit Construction Loan Agreement (Wci Communities Inc), Credit Construction Loan Agreement (Wci Communities Inc)
Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on or prior to the Drawdown Date of the initial such Advance, and on the Drawdown Date of the initial Advance, such Advance there shall exist no Default or Event of Default.
Appears in 2 contracts
Samples: Credit Construction Loan Agreement (Wci Communities Inc), Credit Construction Loan Agreement (Wci Communities Inc)
Performance; No Default. The Borrower shall have performed and ----------------------- complied with all terms and conditions herein required to be performed or complied with by it on at or prior to the Drawdown Date date of the initial Advance, and on the Drawdown Date date of the initial Advance, there shall exist no Default or Event of Default.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Petro Stopping Centers L P)
Performance; No Default. The Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by it on at or prior to the Drawdown Date date of the initial Advance, and on the Drawdown Date date of the initial Advance, there shall exist no Default or Event of Default.
Appears in 1 contract
Samples: Building Loan Agreement (Essex Hospitality Associates Iv Lp)
