Conditions Precedent to Borrowing. Prior to any Advance, the following conditions shall have been satisfied, in the sole opinion of Bank and its counsel:
Appears in 9 contracts
Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Non Revolving Credit and Security Agreement (Unilife Corp)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:
Appears in 4 contracts
Samples: Credit and Security Agreement (Advanced Communication Systems Inc), Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc)
Conditions Precedent to Borrowing. Prior to any Advance, the following --------------------------------- conditions shall have been satisfied, in the sole opinion of Bank and its counsel:
Appears in 2 contracts
Samples: Credit and Security Agreement (Pra International Inc), Loan and Security Agreement (Bradley Pharmaceuticals Inc)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole reasonable opinion of the Bank and its counsel:
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc)
Conditions Precedent to Borrowing. Prior to any Advance, the following conditions shall have been satisfied, in the sole opinion of each Bank and its counsel:
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Sri Surgical Express Inc)
Conditions Precedent to Borrowing. Prior to any Advance, the following conditions shall have been satisfied, in the sole opinion of Bank and its counselcounsel or waived by Bank in writing:
Appears in 1 contract
Samples: Revolving and Term Credit and Security Agreement (Aerosonic Corp /De/)
