Conditions Precedent to Borrowing. Prior to any Advance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Lender and its counsel: 42.1
Appears in 3 contracts
Samples: Share Purchase Agreement (Vector Aeromotive Corp), Share Purchase Agreement (Welty W R), Share Purchase Agreement (American Dream International LTD)
Conditions Precedent to Borrowing. Prior to any Advance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Lender Bank and its counsel: 42.1;
Appears in 2 contracts
Samples: Nobility Homes Inc, Nobility Homes Inc
Conditions Precedent to Borrowing. Prior to any Advance disbursement of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Lender Bank and its counsel: 42.1:
Appears in 1 contract
Samples: Credit and Security Agreement (Able Telcom Holding Corp)
Conditions Precedent to Borrowing. Prior to any Advance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Lender and its counsel: 42.1:
Appears in 1 contract
Samples: Loan and Security Agreement (Vector Aeromotive Corp)
