Common use of Conditions Precedent to Borrowing Clause in Contracts

Conditions Precedent to Borrowing. Prior to any Advance of the proceeds of any Loans, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:

Appears in 2 contracts

Samples: Credit Facility and Security Agreement (Continucare Corp), And Security Agreement (Continucare Corp)

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Conditions Precedent to Borrowing. Prior to any Advance disbursement of the proceeds of any Loansthe Loan, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:

Appears in 1 contract

Samples: Term Loan and Security Agreement (Able Telcom Holding Corp)

Conditions Precedent to Borrowing. Prior to any Advance of the proceeds of any Loansthe Revolving Loan, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:

Appears in 1 contract

Samples: Credit Agreement (Boca Research Inc)

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Conditions Precedent to Borrowing. Prior to any Advance of the proceeds of any the Loans, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:

Appears in 1 contract

Samples: Credit and Security Agreement (Prestige Cosmetics Corp)

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