Common use of Initial Advance Clause in Contracts

Initial Advance. The agreement of the Lender to make the initial --------------- Advance requested to be made by it hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Advance, of the following conditions precedent:

Appears in 2 contracts

Samples: And Security Agreement (Imperial Credit Commercial Mortgage Investment Corp), New Century Financial Corp

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Initial Advance. The agreement obligation of the Lender to make the initial --------------- Advance requested to be made by it hereunder under this Agreement is subject to the satisfaction, immediately prior to in the sole discretion of the Lender, on or concurrently with before the making of such Advance, date thereof of the following conditions precedent:

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (National Mortgage Corp), Warehousing Credit and Security Agreement (Novastar Financial Inc)

Initial Advance. The agreement obligation of the Lender to make the initial --------------- Advance requested to be made by it hereunder under this Agreement is subject to the satisfaction, immediately prior to in the sole discretion of the Lender, on or concurrently with before the making of such Advance, date thereof of the following conditions precedent:precedent (unless otherwise indicated):

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Bingham Financial Services Corp)

Initial Advance. The agreement of the Lender to make the initial --------------- Advance requested to be made by it hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Advance, of the following conditions precedent:: a.

Appears in 1 contract

Samples: And Security Agreement (New Century Financial Corp)

Initial Advance. The agreement obligation of the Lender to make the --------------- initial --------------- Advance requested to be made by it hereunder is subject to the satisfaction, immediately prior to or concurrently with as determined by the making of such AdvanceLender in its sole discretion, of the following conditions precedent:

Appears in 1 contract

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

Initial Advance. The agreement obligation of the Lender to make the initial --------------- Advance requested to be made by it hereunder under this Agreement is subject to the satisfaction, immediately prior to in the sole discretion of the Lender, on or concurrently with before the making of such Advancedate thereof, of the following conditions precedent:

Appears in 1 contract

Samples: Credit and Security Agreement (Iown Holdings Inc)

Initial Advance. The agreement obligation of the Lender to make the initial --------------- Advance requested to be made by it hereunder under this Agreement is subject to the satisfaction, immediately prior to in the sole discretion of the Lender, on or concurrently with before the making of such Advancedate thereof, of the following conditions precedent: (a0 The Lender shall have received the following, all of which must be satisfactory in form and content to the Lender, in its sole discretion:

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Hanover Capital Mortgage Holdings Inc)

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Initial Advance. The agreement obligation of the Lender to make the --------------- initial --------------- Advance requested to be made by it hereunder under this Agreement (as amended and restated herein) is subject to the satisfaction, immediately prior to or concurrently with the making satisfaction of such Advance, all of the following conditions precedenton or before the date of such Advance:

Appears in 1 contract

Samples: Loan Agreement (Eastgroup Properties Inc)

Initial Advance. The agreement obligation of the Lender to make the initial --------------- any Advance requested to be made by it hereunder under this Agreement is subject to the satisfaction, immediately prior to in the sole discretion of the Lender, on or concurrently with before the making of such Advancedate thereof, of the following conditions precedent:

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Sirva Inc)

Initial Advance. The agreement obligation of the Lender to make the initial --------------- Advance requested to be made by it hereunder under this Agreement is subject to the satisfaction, immediately prior to in the reasonable discretion of the Lender, on or concurrently with before the making of such Advancedate thereof, of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Nab Asset Corp)

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