Common use of Prior Conditions Satisfied Clause in Contracts

Prior Conditions Satisfied. All conditions precedent to the initial Advance and any prior Advance shall continue to be satisfied as of the Drawdown Date of such subsequent Advance.

Appears in 8 contracts

Samples: Revolving Credit Construction Loan Agreement (Wci Communities Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Acquisition and Construction Loan Agreement (Praecis Pharmaceuticals Inc)

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Prior Conditions Satisfied. All conditions precedent to the initial Advance and any prior Advance (in the same manner in which they were satisfied for the Initial Advance or prior Advance, as applicable, and without reimposing any one-time requirement) shall continue to be satisfied as of the Drawdown Date date of such subsequent Advance.

Appears in 8 contracts

Samples: Project Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust)

Prior Conditions Satisfied. All conditions precedent to the initial Advance and any prior Advance shall continue to be satisfied as of the Drawdown Date date of such subsequent Advance.

Appears in 6 contracts

Samples: Loan Agreement (Ebs Building LLC), Building Loan Agreement (Alterra Healthcare Corp), Building Loan Agreement (Spurlock Industries Inc)

Prior Conditions Satisfied. All conditions precedent to the initial Initial Advance and any prior Advance (in the same manner in which they were satisfied for the Initial Advance or such prior Advance, as applicable, and without reimposing any one time requirement) shall continue to be satisfied as of the Drawdown Date date of such subsequent Advance.

Appears in 4 contracts

Samples: Loan and Security Agreement (Varian Medical Systems Inc), Loan and Security Agreement (Varian Medical Systems Inc), Loan and Security Agreement (Varian Medical Systems Inc)

Prior Conditions Satisfied. All conditions precedent prece­dent to the initial Advance and any prior Advance shall continue to be satisfied as of the Drawdown Date of such subsequent Advance.

Appears in 2 contracts

Samples: Construction Loan and Security Agreement (Griffin Land & Nurseries Inc), Construction Loan and Security Agreement (Griffin Land & Nurseries Inc)

Prior Conditions Satisfied. All conditions precedent to the initial Advance and any prior Advance shall continue to be satisfied as of the Drawdown Date of such subsequent Advance; including but not limited to Section 11.22 if applicable.

Appears in 1 contract

Samples: Loan Agreement (Sepracor Inc /De/)

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Prior Conditions Satisfied. All conditions precedent to the initial Advance and any prior Advance shall continue to be satisfied as of the Drawdown Date of such subsequent Advance, including but not limited to Section 11.22 if applicable.

Appears in 1 contract

Samples: Loan Agreement (Sepracor Inc /De/)

Prior Conditions Satisfied. All conditions precedent to the initial Initial Advance and any prior Advance (in the same manner in which they were satisfied for the Initial Advance or prior Advance, as applicable, and without reimposing any one-time requirement) shall continue to be satisfied as of the Drawdown Date date of such subsequent Advance.

Appears in 1 contract

Samples: Second Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Prior Conditions Satisfied. All conditions precedent to the initial Advance and any prior Advance first advance shall continue to be have been satisfied as of the Drawdown Date date of such subsequent Advanceadvance.

Appears in 1 contract

Samples: Loan Agreement (BitNile Holdings, Inc.)

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