Examples of Advance Conditions in a sentence

The failure to pay the fees and expenses of the Verification Agent promptly by the Servicer shall give rise to a breach of the Advance Conditions.
Borrower’s failure to satisfy, or cause the satisfaction of, any of the Initial Advance Conditions on or prior to the Required Initial Advance Date shall, at Lender’s election, constitute an Event of Default.
Borrower shall not perform any work at the Property, including, without limitation, any demolition of the existing improvements, until all of the Initial Advance Conditions have been satisfied.
Lender may, but is not obligated to, make Interest Reserve Advances hereunder whether or not the Advance Conditions have been met, provided, however, that if the Advance Conditions are not then met, any such Interest Reserve Advances shall be made at Lender’s option and in its sole discretion.
Provided that Borrower met all of the Advance Conditions for an Interest Reserve Advance, upon Lender funding such Interest Reserve Advance hereunder, the corresponding Accrued Interest Payment for such month shall be deemed to be satisfied.

More Definitions of Advance Conditions

Advance Conditions has the meaning given to such term in Section 7.1.

Advance Conditions means, with respect to any Requested Advance (unless otherwise specified) to be made under the Note Purchase Agreement, the condition that each of the following shall be satisfied:

Advance Conditions means those conditions listed in Schedule 2.1 attached hereto and made a part hereof.

Advance Conditions means, collectively, all of the conditions for the disbursement of any Advance as set forth in Article IV of this Agreement.

Advance Conditions means the conditions to the making of the first Advance listed in Part 2 of Schedule 1 (Advance Conditions);

Advance Conditions means each of the requirements set forth in Sections 6 and 7 of this Note.