Common use of Transaction Conditions Clause in Contracts

Transaction Conditions. A. As a condition to REIT’s obligation to close, any notice to the Lender to the conveyance of the Springhouse Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.

Transaction Conditions. A. As a condition to REIT’s obligation to close, any notice to the Lender to the conveyance of the Springhouse Waterford Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.

Transaction Conditions. A. As a condition to the REIT’s obligation to close, any notice to the Lender to the conveyance of the Springhouse Oak Crest Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.

Transaction Conditions. A. As a condition to REIT’s obligation to close, any notice to the Lender to the conveyance of the Springhouse Lansbrook Interests as a permitted transfer required under any of the Loan Documents shall have been delivered to Lender in accordance with the applicable Loan Documents, and any terms and conditions imposed by any such Lender in connection with the conveyance shall be satisfactory to the REIT in its sole discretion.