Initial Closing Conditions Sample Clauses

Initial Closing Conditions. (a) The obligations of the Company hereunder to effect the Initial Closing are subject to the following conditions being met:
AutoNDA by SimpleDocs
Initial Closing Conditions. The Initial Closing is conditioned upon satisfaction of all of the following conditions:
Initial Closing Conditions. The obligation of the Banks to make the initial Revolving Loans to the Borrower and the conversion of the Existing Letters of Credit to Letters of Credit under this Loan Agreement are subject to the condition that, in addition to the satisfaction of the conditions precedent specified in Section 3.2 hereof as of the Closing Date, the Agent shall have received on behalf of the Banks the following from the Borrower, dated the Closing Date or such other date as shall be acceptable to the Banks:
Initial Closing Conditions. (a) The obligation of the Purchaser to effect the Initial Closing is subject to the satisfaction or waiver by the Purchaser at or prior to the Initial Closing of the following conditions:
Initial Closing Conditions. The Initial Closing is conditioned upon satisfaction of all the following conditions: (i) prior to the Offering Deadline, the Company shall have received aggregate subscriptions for Units in an investment amount of at least the Target Offering Amount; and (ii) at the time of the Closing, the Company shall have received into the escrow account established with the Portal and the escrow agent in cleared funds, and is accepting, subscriptions for Units having an aggregate investment amount of at least the Target Offering Amount.
Initial Closing Conditions. The obligation of the Purchasers to purchase and pay for the Stock at the Initial Closing is subject to the satisfaction as of the Initial Closing of the following conditions:
Initial Closing Conditions. Notwithstanding anything to the contrary herein, the obligations of the Lenders to make Advances shall not become effective until the date (the “Effective Date”) on which each of the following conditions is satisfied (or waived by the Administrative Agent in its sole discretion):
AutoNDA by SimpleDocs
Initial Closing Conditions. The obligation of the Banks to make the -------------------------- initial Revolving Credit Loans and the Swing Line Loans to the Borrower is subject to the condition that, in addition to the satisfaction of the conditions precedent specified in Section 4.2 hereof and, with respect to the Swing Line Loans, the conditions precedent specified in Section 2.6A(iii) hereof, as of the Closing Date, the Banks shall have received the following from the Borrower, dated the Closing Date or such other date as shall be acceptable to the Banks:
Initial Closing Conditions. (1) The obligation of the Investor, on the one hand, and the Company, on the other hand, to consummate the Initial Closing is subject to the fulfillment or written waiver by the Investor and the Company prior to the Initial Closing of the following conditions:
Time is Money Join Law Insider Premium to draft better contracts faster.