Conditions Precedent to Advance. The obligations of the Lender to advance the Loan proceeds to the Borrower is subject to the satisfaction or waiver of following conditions precedent on or before the advance:
Appears in 4 contracts
Samples: Loan Agreement (Hybrid Technologies Inc.), Loan Agreement (Li-Ion Motors Corp.), Loan Agreement (Li-on Motors Corp.)
Conditions Precedent to Advance. The obligations obligation of the Lender to advance fund the Loan proceeds to the Borrower is subject to the satisfaction or waiver of following conditions precedent on or before the advance:Closing Date of the following conditions precedent (in form and substance satisfactory to the Lender):
Appears in 1 contract
Samples: Loan Agreement
