Initial and Subsequent Advances. The making of each Advance to the Borrower (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereof:
Appears in 5 contracts
Sources: Loan and Security Agreement (Medallion Financial Corp), Loan and Security Agreement (Medallion Financial Corp), Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)
Initial and Subsequent Advances. The making of each Advance to ------------------------------- the Borrower (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereof:
Appears in 3 contracts
Sources: Master Loan and Security Agreement (Imperial Credit Commercial Mortgage Investment Corp), Master Loan and Security Agreement (New Century Financial Corp), Loan and Security Agreement (National Mortgage Corp)
Initial and Subsequent Advances. The With respect to each Tranche, the making of each each, related Advance to the Borrower Borrowers (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereof:
Appears in 2 contracts
Sources: Master Loan and Security Agreement (Sutherland Asset Management Corp), Master Loan and Security Agreement (Sutherland Asset Management Corp)
Initial and Subsequent Advances. The making of each Advance to ------------------------------ the Borrower (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereof:
Appears in 1 contract
Sources: Master Loan and Security Agreement (New Century Financial Corp)
Initial and Subsequent Advances. The making of each Advance to the a Borrower (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereof:: -42- 48
Appears in 1 contract
Sources: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)
Initial and Subsequent Advances. The making of each Advance to the a Borrower (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereof:
Appears in 1 contract
Sources: Master Loan and Security Agreement (Hanover Capital Mortgage Holdings Inc)
Initial and Subsequent Advances. The making of each Advance to the Borrower (including the initial Advance) on any Business Day is subject to the satisfaction of the following further conditions precedent, both immediately prior to the making of such Advance and also after giving effect thereto and to the intended use thereofAdvance:
Appears in 1 contract
Sources: Loan and Security Agreement (Chastain Capital Corp)