CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first Advance, Borrower must satisfy the conditions required hereby and execute and deliver to, procure for and deposit with, and pay to Lender, and if appropriate record in the proper records with all filing and recording fees paid, the documents, certificates, and other items referred to in EXHIBIT B, together with such other documents, certificates and items as Lender may reasonably require from time to time. Except as otherwise specifically provided herein or agreed in writing by Lender, all such documents, certificates and other items shall bear a Current Date.
Appears in 1 contract
Sources: Construction Loan Agreement (Behringer Harvard Short Term Opportunity Fund I Lp)
CONDITIONS TO THE FIRST ADVANCE. As conditions precedent to the first Advance, Borrower must satisfy the conditions required hereby and execute and deliver to, procure for and deposit with, and pay to Lender, and if appropriate record in the proper records with all filing and recording fees paid, the documents, certificates, and other items referred to in EXHIBIT Exhibit B, together with such other documents, certificates and items as Lender may reasonably require from time to time. Except as otherwise specifically provided herein or agreed in writing by Lender, all such documents, certificates and other items shall bear a Current Date.
Appears in 1 contract
Sources: Construction Loan Agreement (Micropac Industries Inc)