CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first Advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent's satisfaction, Borrower must have satisfied the conditions required under this Agreement, including all of those conditions set forth in EXHIBIT C and SECTION 4 below.
Appears in 2 contracts
Sources: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first Advance advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent's satisfaction’s satisfaction in its good faith business judgment, Borrower must have satisfied the conditions required under this Agreement, including all of those conditions set forth in EXHIBIT C Exhibit “C” and SECTION Section 4 below.
Appears in 2 contracts
Sources: Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Construction Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first Advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent's satisfaction’s satisfaction in its good faith business judgment, Borrower Borrowers must have satisfied the conditions required under this Agreement, including all of those conditions set forth in EXHIBIT Exhibit C and SECTION Section 4 below.
Appears in 1 contract
Sources: Credit Agreement (Behringer Harvard Opportunity REIT I, Inc.)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first Advance advance hereunder, if and to the extent required by Administrative Agent, to Administrative Agent's satisfaction, Borrower must have satisfied the conditions required under this Agreement, including all of those conditions set forth in EXHIBIT C Exhibit "C" Exhibit "C-1" and SECTION Section 4 below.
Appears in 1 contract
Sources: Construction Loan Agreement (FelCor Lodging Trust Inc)