Common use of Conditions Precedent to Initial Advance Clause in Contracts

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires.

Appears in 7 contracts

Samples: Loan and Security Agreement (Socket Mobile, Inc.), Loan Agreement (Continuus Software Corp /Ca), Loan and Security Agreement (Sonus Pharmaceuticals Inc)

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Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreementsBorrower shall consent to or shall have delivered, documents in form and fees it requires.substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

Appears in 2 contracts

Samples: Loan and Security Agreement (Strasbaugh), Loan and Security Agreement (Strasbaugh)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires, along with an initial audit of Borrower's Accounts, in form and substance acceptable to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Fort Point Partners Inc)

Conditions Precedent to Initial Advance. Bank's ’s obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents documents, including the Opinion of Borrower’s counsel, and fees it requires.

Appears in 1 contract

Samples: Loan and Security Agreement (Legato Systems Inc)

Conditions Precedent to Initial Advance. Bank's ’s obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires.

Appears in 1 contract

Samples: Export Import (Pharsight Corp)

Conditions Precedent to Initial Advance. Bank's ’s obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requiresrequired by this Agreement and other agreements entered into in connection with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Palm Inc)

Conditions Precedent to Initial Advance. Bank's ’s obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires., including, without limitation:

Appears in 1 contract

Samples: Loan and Security Agreement (Pharsight Corp)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires., including, without limitation, the following:

Appears in 1 contract

Samples: Loan and Security Agreement (Valueclick Inc/Ca)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires, as specified herein.

Appears in 1 contract

Samples: Loan and Security Agreement (Pharsight Corp)

Conditions Precedent to Initial Advance. Bank's obligation to make the --------------------------------------- initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requiresrequires and the receipt of the results of a satisfactory audit of the Borrower's Books and Records and the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Bio Imaging Technologies Inc)

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Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires, and all outstanding Obligations under the Original Agreement are paid in their entirety.

Appears in 1 contract

Samples: Loan and Security Agreement (Datawatch Corp)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, agreements and documents it requires and the fees it requiresset forth in Section 2.4 above.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthcare Com Corp)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requiresset forth herein. Bank's completion of a satisfactory accounts receivable audit.

Appears in 1 contract

Samples: Loan and Security Agreement (Clarent Corp/Ca)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreementsBank shall have received, documents in form and fees it requires.substance satisfactory to Bank, such documents, and evidence of completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

Appears in 1 contract

Samples: Loan and Security Agreement (Endocare Inc)

Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requiresrequires and verification by Bank of Borrower's compliance of the financial covenants as stated in Section 6.7.

Appears in 1 contract

Samples: Loan and Security Agreement (Orthopaedic Biosystems LTD Inc/)

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