Partial Advances. If any or all conditions precedent to making an Advance have not been satisfied on the date requested for such Advance, Lender may, at its option, (a) waive so many of such conditions precedent as Lender may elect, and/or (b) disburse only that portion of the requested Advance for which all of the conditions precedent have been satisfied.
Appears in 2 contracts
Sources: Building Loan Agreement (Brookdale Living Communities Inc), Building Loan Agreement (Brookdale Living Communities Inc)