CONDITIONS TO LOANS FOR EXISTING ▇▇▇▇▇▇▇ HOTEL PROJECTS Clause Samples

CONDITIONS TO LOANS FOR EXISTING ▇▇▇▇▇▇▇ HOTEL PROJECTS. In addition to the conditions set forth in Sections 3.1 and 3.2, the obligation of Lender to make any Loan with respect to an Existing ▇▇▇▇▇▇▇ Hotel Project is subject to the following conditions precedent, any or all of which may be waived in whole or in part by the Lender, in its sole discretion:
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Related to CONDITIONS TO LOANS FOR EXISTING ▇▇▇▇▇▇▇ HOTEL PROJECTS

  • Conditions for Advance and Conditions to Closing Section 7.1.

  • Conditions to Loans The obligations of Lenders to make Loans are subject to satisfaction of all of the applicable conditions set forth below.

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions to Closing and Initial Extensions of Credit The obligation of the Lenders to close this Agreement and to make the initial Loan or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions:

  • Conditions to the Initial Loans No Lender shall be obligated to make any Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Agent, or waived in writing by Agent and Lenders: