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

Conditions Precedent to Disbursement of All Loans. The obligation of Bank to make any Loan under this Agreement, including the initial Loan hereunder, shall be further subject to the satisfaction of each of the following conditions precedent on or before any disbursement under such Loan:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Avanex Corp), Revolving Credit and Security Agreement (Avanex Corp)

AutoNDA by SimpleDocs

Conditions Precedent to Disbursement of All Loans. The obligation of Bank to make any Loan Advance under this Agreement, including the initial Loan Advance hereunder, shall be further subject to the satisfaction of each of the following conditions precedent on or before any disbursement under such LoanAdvance:

Appears in 2 contracts

Samples: Revolving Credit and Term (Motorvac Technologies Inc), Revolving Credit and Security Agreement (Avanex Corp)

Conditions Precedent to Disbursement of All Loans. The obligation of --- ------------------------------------------------- Bank to make any Loan under this Agreement, including the initial Loan hereunder, shall be further subject to the satisfaction of each of the following conditions precedent on or before any disbursement under such Loan:loan: (a)

Appears in 1 contract

Samples: Credit and Security Agreement

Conditions Precedent to Disbursement of All Loans. The obligation of Bank to make any Loan under this Agreement, including the initial Loan hereunder, shall be further subject to the satisfaction of each of the following conditions precedent on or before any disbursement under such Loan:: and Warranties. Each of the representations and warranties of Borrower, and any other Person who is a party to any of the Loan Documents, under this Agreement and any of the other Loan Documents shall be true and correct in all material respects.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Com21 Inc)

AutoNDA by SimpleDocs

Conditions Precedent to Disbursement of All Loans. The In addition to any other terms and conditions set forth in this Agreement, including, without limitation, those set forth Section 4.1 above, the obligation of Bank to make any Loan under this Agreement, including including, without limitation, the initial Loan hereunder, shall be further subject to the satisfaction of each of the following conditions precedent on or before any disbursement under the Disbursement Date for such Loan:

Appears in 1 contract

Samples: Credit Agreement (Asd Systems Inc)

Conditions Precedent to Disbursement of All Loans. The obligation of --- ------------------------------------------------- Bank to make any Loan under this Agreement, including the initial Loan hereunder, shall be further subject to the satisfaction of each of the following conditions precedent on or before any disbursement under such Loanloan:

Appears in 1 contract

Samples: Credit and Security Agreement (Ikos Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.