Common use of Conditions Precedent to Future Advances Clause in Contracts

Conditions Precedent to Future Advances. The ----------------------------------------- obligation of the Lender to make Future Advances is subject to the following conditions precedent: (a) With respect to any Future Advances (other than Rollover Advances), after giving effect to the requested Future Advance, the Aggregate Debt Service Coverage Ratio for the Advances Outstanding for the Trailing 12 Month Period is not less than 150%;

Conditions Precedent to Future Advances. The ----------------------------------------- obligation of the Lender to make Future Advances is subject to the following conditions precedent: (a) With respect to any Future Advances (other than Rollover Advances), after giving effect to the requested Future Advance, the Aggregate Debt Service Coverage Ratio for the Advances Outstanding for the Trailing 12 Month Period is not less than 150125%;