Conditions of Disbursements Sample Clauses

Conditions of Disbursements. Section 4.1
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Conditions of Disbursements. 18 2.2.4 Use of Proceeds............................................ 19 2.2.5 Revolving Note............................................. 19 2.2.6 Reborrowing................................................ 19 2.3 Interest......................................................... 19 2.3.1 Interest Rate.............................................. 19 2.3.2 Default Rate............................................... 19 2.3.3
Conditions of Disbursements. The obligation of each Lender to disburse advances of the Revolving Loan is subject to the satisfaction (or waiver) of the following conditions precedent:
Conditions of Disbursements. (a) The obligation of Disbursing Agent to make and of Lenders to approve disbursements from the Loan Disbursement Accounts (each, a “Disbursement”) is subject to the initial satisfaction of all conditions precedent set forth in the Loan Agreement and this Agreement, and thereafter is subject to compliance with the disbursement procedures set forth in this Agreement and the Loan Agreement. In addition to any terms and conditions for disbursement set forth in Sections 5, 6 and 7 of this Agreement, Borrower shall comply with the conditions precedent to disbursement set forth on Exhibit A attached hereto and incorporated herein by this reference.
Conditions of Disbursements 

Related to Conditions of Disbursements

  • Conditions of Initial Loans The obligation of each Lender to make its initial Loans and of each L/C Issuer to Issue, or cause to be Issued, the initial Letters of Credit hereunder is subject to satisfaction of the following conditions in a manner satisfactory to Agent:

  • Conditions to Obligations of the Purchasers The obligations of the Purchasers to consummate the transactions contemplated hereby shall be subject to the satisfaction or waiver at or prior to the Closing of each of the following conditions:

  • Conditions of Loans 10 3.1 Conditions Precedent to Initial Credit Extension...............................................10 3.2 Conditions Precedent to all Credit Extensions..................................................10

  • Conditions of Initial Purchasers’ Obligations The obligation of each Initial Purchaser to purchase Securities on the Closing Date as provided herein is subject to the performance by the Company and each of the Guarantors of their respective covenants and other obligations hereunder and to the following additional conditions:

  • CONDITIONS OF BORROWING Notwithstanding any other provision of this Agreement, the Bank shall not be required to disburse, make or continue all or any portion of the Loans, if any of the following conditions shall have occurred.

  • Conditions of Placement Agent’s Obligations The obligations of the Placement Agents hereunder are subject to the accuracy of the representations and warranties contained herein or in certificates of any officer of the Company or any of its subsidiaries (including the Bank) delivered pursuant to the provisions hereof, to the performance by the Company of its covenants and other obligations hereunder, and to the following further conditions:

  • Conditions to Obligations of the Parties The obligations of the parties hereto to effect the transactions contemplated by this Agreement shall be subject to the satisfaction at the Closing (as defined below) of the following conditions:

  • Conditions of Agent’s Obligations The obligations of the Agent hereunder are subject to (i) the accuracy of, as of the date hereof, each Bringdown Date, and each Time of Sale (in each case, as if made at such date), and compliance with, all representations, warranties and agreements of the Company contained herein, (ii) the performance by the Company of its obligations hereunder and (iii) the following additional conditions:

  • Conditions to the Obligations of the Purchasers The obligation of each of the Purchasers to purchase Shares at the Closing is subject to the fulfillment, or the waiver by such Purchaser, of each of the following conditions on or before the Closing:

  • Conditions to Obligations of Purchaser The obligations of Purchaser to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions:

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