Advance of the Loan Sample Clauses

Advance of the Loan. The obligation of the Lenders to fund all or any portion of the Loan on the occasion of any funding of the Loan (including the funding on the First Disbursement Date or pursuant to a reborrowing under Section 3.7 except as expressly provided for in Section 5.2.6) shall be subject to the satisfaction of each of the conditions precedent set forth in this Section 5.2 on or prior to the date of such funding. The Facility Agent shall advise the Lenders of the satisfaction of the conditions precedent set forth in this Section 5.2 prior to any such funding.
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Advance of the Loan. The obligation of each Lender to make its Commitment available in respect of the Loan is conditional upon:
Advance of the Loan. The obligation of the Lenders to fund the Loan shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1. The Administrative Agent shall advise the Lenders of the satisfaction of the conditions precedent set forth in this Section 5.1 prior to funding on the Closing Date.
Advance of the Loan. If the conditions set out in this Agreement have been met, the Lender shall make the requested Loan available on the Utilisation Date to the Borrower’s bank account as specified in the Request.
Advance of the Loan. (a) The Security Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in the Loan.
Advance of the Loan. The obligation of the Lender to make available any Advance is conditional upon the Lender, or its authorised representative, having received, on or prior to the relevant Drawdown Date, the documents and evidence specified in Part 2 of Schedule 2 as they relate to that Advance in form and substance satisfactory to the Lender.
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Advance of the Loan. On the Closing Date, Lender will make a loan to Borrower (the “Loan”) in the principal amount of Ten Million Dollars ($10,000,000)). Borrower’s obligations with respect to the Loan will be evidenced by a Term Loan Promissory Note dated on or about the date hereof in the principal amount of the Loan (the “Note”), by this Agreement, and by the other Loan Documents. No amount of the Loan that is repaid or prepaid may be reborrowed hereunder.
Advance of the Loan. (a) Upon satisfaction of the applicable conditions set forth in Section 5.02 (and, if a borrowing is the initial Credit Extension, Section 5.01), the Lender shall make the proceeds of the Loan available to the Borrower by wire transfer of such proceeds through the closing escrow in accordance with instructions provided to (and reasonably acceptable to) the Lender by the Authorized Representative.
Advance of the Loan. The obligation of the Lenders to fund the Borrowings made on the Original Closing Date was subject NYDOCS01/1357662.2 30 to the prior or concurrent satisfaction of each of the conditions precedent set forth in Section 5.1 and Section 5.2 of the Original Credit Agreement.
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