Common use of Each Advance Clause in Contracts

Each Advance. The obligation of the Lender to make the initial and each subsequent Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 19 contracts

Samples: Credit and Security Agreement (U S Home Corp /De/), Warehousing Credit and Security Agreement (Finet Com Inc), Warehousing Credit and Security Agreement (Finet Holdings Corp)

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Each Advance. The obligation of the Lender to make the initial and ------------ each subsequent Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 2 contracts

Samples: Credit and Security Agreement (Iown Holdings Inc), Loan and Security Agreement (Nab Asset Corp)

Each Advance. The obligation of the Lender to make the initial and ------------ each subsequent Advance under this Agreement is subject to the satisfaction, as determined by the Lender in the its sole discretion of the Lender, as of the date of each such Advancediscretion, of the following additional conditions precedent:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Preferred Credit Corp)

Each Advance. The obligation making of the Lender to make the initial and each subsequent Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Credit and Security Agreement (Finet Holdings Corp)

Each Advance. The obligation of the Lender to make the initial and ------------ each subsequent Advance under this Agreement is subject to the satisfaction, in the sole reasonable discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (National Mortgage Corp)

Each Advance. The effectiveness of this Agreement, including Lender’s and Lender’s obligation of the Lender to make the initial and each subsequent Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Revolving Bridge Loan and Security Agreement (Arbor Realty Trust Inc)

Each Advance. The obligation of the Lender to make the initial and each subsequent any Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Sirva Inc)

Each Advance. The obligation of the Lender to make the initial Debenture Advance and each subsequent Debenture Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Debenture Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Accredited Home Lenders Holding Co)

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Each Advance. The obligation obligations of the Lender to make fund the initial Advance and each subsequent Advance under this Agreement is are also subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Fieldstone Investment Corp)

Each Advance. The obligation of the Lender to make the initial and each subsequent Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Washington/Huntxxx:0/03/96 43 50 Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Credit and Security Agreement (WMF Group LTD)

Each Advance. The obligation of the Lender to make the ------------ initial and each subsequent Advance under this Agreement is subject to the satisfaction, in the sole discretion of the Lender, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Novastar Financial Inc)

Each Advance. The obligation of the Lender to make the initial and each subsequent any Advance under this Agreement is subject to the satisfaction, in the sole discretion judgment of the LenderLender exercised in good faith, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 1 contract

Samples: Mortgage Warehouse Loan and Security Agreement (Centerline Holding Co)

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