Required Initial Advance Date definition

Required Initial Advance Date means March 21, 2008, provided that Lender shall have the right to extend the Required Initial Advance Date in Lender’s sole discretion.
Required Initial Advance Date means January 10, 2008, provided, however, that Borrower shall have the right to extend the Required CompletionInitial Advance Date to February 10, 2008, provided that Lender is satisfied that prior to January 10, 2008, Borrower has used commercially reasonable efforts to obtain the Home Depot Estoppel Certificate and the Retaining Wall Letter, and further provided that Lender shall have the right to further extend the Required Initial Advance Date in Lender's sole discretion.

Examples of Required Initial Advance Date in a sentence

  • 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 covenants and agrees that, prior to the Required Initial Advance Date, time being of the essence, it shall cause all of the Initial Advance Conditions, including, without limitation, the Unsatisfied Initial Advance Conditions, to be satisfied.

  • Borrower covenants and agrees that, prior to the Required Initial Advance Date, time being of the essence, it shall cause all of the Initial Advance Conditions to be satisfied.

Related to Required Initial Advance Date