Common use of Conditions to First Borrowing Clause in Contracts

Conditions to First Borrowing. The obligation of UBS to fund any Loans pursuant to the terms hereof and of the other Loan Documents is subject to the satisfaction, on or before the applicable Borrowing Date for the first Borrowing, of the following conditions:

Appears in 2 contracts

Sources: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (Northstar Realty Finance Corp.)