Common use of Closing Date Conditions Clause in Contracts

Closing Date Conditions. The obligation of Lender to make Loans hereunder shall not become effective until the date on which the following conditions are satisfied in a manner satisfactory to Lender:

Appears in 3 contracts

Sources: Loan and Security Agreement (Surmodics Inc), Loan and Security Agreement (1847 Goedeker Inc.), Loan and Security Agreement (1847 Holdings LLC)

Closing Date Conditions. The obligation of Lender to make Loans the Loan hereunder shall not become effective until the date on which the following conditions are satisfied in a manner satisfactory to Lender:

Appears in 2 contracts

Sources: Loan and Security Agreement (1847 Goedeker Inc.), Loan and Security Agreement (1847 Holdings LLC)

Closing Date Conditions. The obligation of the Lender to make any Loans hereunder shall not become effective until the date on which the following conditions are satisfied in a manner satisfactory to each Lender:

Appears in 1 contract

Sources: Loan and Security Agreement (Mill City Ventures III, LTD)

Closing Date Conditions. The obligation of the Lender to make any Loans hereunder hereunder, and of Lender to issue any Letter of Credit, shall not become effective until the date on which the following conditions are satisfied in a manner satisfactory to the Lender:

Appears in 1 contract

Sources: Loan and Security Agreement (Beyond, Inc.)