Mortgage Loan Documents. The Mortgage Loan Documents shall have been duly authorized, executed and delivered by all parties thereto, the Mortgage Loan shall have been contemporaneously funded and Lender shall have received and approved certified copies thereof. All of the conditions precedent set forth in Article III of the Mortgage Loan Agreement shall have been satisfied and the Mortgage Loan shall have closed and been fully advanced in accordance therewith.
Appears in 8 contracts
Samples: Loan Agreement (Highland Hospitality Corp), Property Management Agreement (Sunstone Hotel Investors, Inc.), Property Management Agreement (Sunstone Hotel Investors, Inc.)
Mortgage Loan Documents. The Mortgage Loan Documents shall have been duly authorized, executed and delivered by all parties thereto, the Mortgage Loan shall have been contemporaneously funded and Lender shall have received and approved certified copies thereof. All of the conditions precedent set forth in Article III 3 of the Mortgage Loan Agreement shall have been satisfied or waived and the Mortgage Loan shall have closed and been fully advanced in accordance therewith.
Appears in 3 contracts
Samples: Mezzanine C Loan Agreement (Wyndham International Inc), Mezzanine B Loan Agreement (Wyndham International Inc), Mezzanine a Loan Agreement (Wyndham International Inc)
Mortgage Loan Documents. The Mortgage Loan Documents shall have been duly authorized, executed and delivered by all parties thereto, the Mortgage Loan shall have been contemporaneously funded and Lender shall have received and approved certified copies thereof. All of the conditions precedent set forth in Article III of the Mortgage Loan Agreement shall have been satisfied and the Mortgage Loan shall have been closed and been fully advanced in accordance therewith.
Appears in 1 contract
Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Mortgage Loan Documents. The Mortgage Loan Documents shall have been duly authorized, executed and delivered by all parties thereto, the Mortgage Loan shall have been contemporaneously funded thereto and Lender shall have received and approved certified copies thereof. All all of the conditions precedent set forth in Article III of the Mortgage Loan Agreement shall have been satisfied (or waived) and the Mortgage Loan shall have closed and the proceeds of the Mortgage Loan shall have been fully advanced in accordance therewith.
Appears in 1 contract
