Common use of Conditions Precedent to All Revolving Loans Clause in Contracts

Conditions Precedent to All Revolving Loans. The obligation of Lender to make any Revolving Loan (other than a Revolving Loan under Section 3.1(f) or 3.2(b)), is subject to the satisfaction of each of the following conditions precedent, and each request for such Revolving Loan shall be deemed a certification to Lender that such conditions have been satisfied:

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Trans Leasing International Inc), Revolving Credit and Term Loan Agreement (Trans Leasing International Inc)