Common use of Each Advance Clause in Contracts

Each Advance. The obligations of the Lenders to fund their respective Funding Shares of the initial Advance and each subsequent Advance under this Agreement are also subject to the satisfaction, in the sole discretion of the Agent, as of the date of each such Advance, of the following additional conditions precedent:

Appears in 9 contracts

Samples: Assignment and Assumption, Assignment and Assumption (Homebanc Corp), Credit Agreement (Homebanc Corp)

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

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Nab Asset Corp)

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