Condition to Loans Sample Clauses

Condition to Loans. The obligation of Lender to make advances under this Agreement is subject to the satisfaction of each of the following conditions:
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
Condition to Loans. The obligation of Lender to make loans under this Agreement is subject to the satisfaction of each of the following conditions: (a) No default under this Agreement, and no event which would constitute a default but for the giving of notice or the passage of time thereafter, shall have occurred and be continuing on the date of such loan; (b) The representations and warranties of Borrower set forth in this Agreement shall be true as of the date of such loan; (c) Lender shall have received any documents or information previously requested from Borrower pursuant to this Agreement; and (d) No material adverse change, in Lender's sole determination, has occurred in the businesses of the ShowBiz Pizza Time restaurants or in the financial condition of Borrower. 6.
Sample 1
Condition to Loans. The obligation of each Lender to make its Loan is subject to the conditions that (a) there shall not have occurred a material adverse change in, or material adverse effect on, the business, financial condition or results of operations or prospects of WICOR and its subsidiaries, taken as a whole (excluding any Non-Water Subsidiary of WICOR as defined in the WICOR Purchase Agreement), since December 31, 2002; and (b) the Administrative Agent shall have received (i) evidence reasonably satisfactory to the Administrative Agent that the Existing Credit Agreement has been amended (or will be amended, effective simultaneously with the making of the Loans), pursuant to an amendment substantially in the form of the amendment posted on IntraLinks on March 5, 2004, to permit the WICOR Acquisition, and to make certain covenants consistent with the covenants contained herein, (ii) evidence reasonably satisfactory to the Administrative Agent that the Company has completed (or will complete simultaneously with the making of the Loans) the WICOR Acquisition on terms substantially similar to those set forth in the WICOR Purchase Agreement, (iii) evidence reasonably satisfactory to the Administrative Agent that the Company has not sold any material portion of the Tools Business, (iv) all amounts which are then due and payable pursuant to Section 3.06 and (to the extent billed) Section 10.03 and (v) all of the following, in form and substance satisfactory to the Administrative Agent, and each (except for the Notes, of which only the originals shall be signed) in sufficient number of signed counterparts to provide one for each Lender:
Sample 1
Condition to Loans. The obligation of each Lender to make its Loan is subject to the conditions that the Administrative Agent shall have received (i) all amounts that are then due and payable pursuant to Section 3.06 and (to the extent billed) Section 10.03 and (v) all of the following, in form and substance satisfactory to the Administrative Agent, and each (except for the Notes, of which only the originals shall be signed) in sufficient number of signed counterparts to provide one for each Lender:
Sample 1

Related to Condition to Loans

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

  • Conditions Precedent to Borrowings 5.1 Conditions Precedent to the Initial Borrowing of TBC 37 5.2 Conditions Precedent to Each Committed Borrowing of TBC 38 5.3 Conditions Precedent to Each Bid Borrowing of TBC 38 5.4 Conditions Precedent to the Initial Borrowing of a Subsidiary Borrower 39 5.5 Conditions Precedent to Each Committed Borrowing of a Subsidiary Borrower 39 5.6 Conditions Precedent to Each Bid Borrowing of a Subsidiary Borrower 40

  • CONDITIONS TO LOANS The obligations of Lenders to make Loans are subject to satisfaction of all of the applicable conditions set forth below.

  • CONDITIONS PRECEDENT TO THE BUYER’S OBLIGATION TO PURCHASE The obligation of the Buyer hereunder to purchase the Note at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for the Buyer’s sole benefit and may be waived by the Buyer at any time in its sole discretion:

  • Conditions Precedent to All Advances The obligation of Bank to make each Advance, including the initial Advance, is further subject to the following conditions:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Borrowing The obligation of the Liquidity Provider to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and, prior to the date of such Borrowing, the Borrower shall have delivered a Notice of Borrowing which conforms to the terms and conditions of this Agreement and has been completed as may be required by the relevant form of the Notice of Borrowing for the type of Advances requested.

  • Conditions Precedent to All Borrowings The obligation of each Lender to make an Advance on the occasion of each Borrowing and of the Issuing Lender to issue, increase, or extend any Letter of Credit shall be subject to the further conditions precedent that on the date of such Borrowing or the date of the issuance, increase, or extension of such Letter of Credit:

  • CONDITIONS TO EACH BUYER’S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Notes and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

Time is Money Join Law Insider Premium to draft better contracts faster.