Common use of CONDITIONS OF INITIAL EXTENSION OF CREDIT Clause in Contracts

CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of Bank to make any loans or extend any credit hereunder is subject to the fulfillment to Bank's satisfaction of all of the following conditions (the date upon which all such conditions are satisfied or waived in writing by the Bank being referred to herein as the "Closing Date"):

Appears in 2 contracts

Samples: Credit Agreement (Natrol Inc), Credit Agreement (Natrol Inc)

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CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of Bank to make any loans or extend grant any credit hereunder contemplated by this Agreement is subject to the fulfillment to Bank's ’s satisfaction of all of the following conditions (with the date upon which all such conditions are satisfied (or waived by Bank in writing by writing) being the Bank being referred to herein as the "Closing “Effective Date"):

Appears in 1 contract

Samples: Credit Agreement (Symmetricom Inc)

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CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of Bank to make any loans or extend grant any credit hereunder contemplated by this Agreement is subject to the fulfillment to Bank's satisfaction of all of the following conditions (with the date upon which all such conditions are satisfied (or waived by Bank in writing by the Bank writing) being referred to herein as the "Closing Effective Date"):

Appears in 1 contract

Samples: Credit Agreement (Datum Inc)

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