Common use of Conditions Precedent to Initial Advances Clause in Contracts

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance hereunder shall be subject to the conditions precedent that the Administrative Agent shall have received on or before the Closing Date the following, each in form and substance reasonably satisfactory to the Administrative Agent:

Appears in 9 contracts

Samples: Credit and Security Agreement (Business Development Corp of America), Credit and Security Agreement (TICC Capital Corp.), Credit and Security Agreement (Business Development Corp of America)

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Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance hereunder shall be subject to the conditions precedent that the Administrative Agent shall have received on or before the Closing Date date of such initial Advance the following, each in form and substance reasonably satisfactory to the Administrative Agent:

Appears in 4 contracts

Samples: Credit and Security Agreement (Monroe Capital Income Plus Corp), Credit and Security Agreement (Logan Ridge Finance Corp.), Credit and Security Agreement (Newtek Business Services Corp.)

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Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance hereunder shall be subject to the conditions precedent that the Administrative Agent shall have received on or before the Closing Date the following, each in form and substance reasonably satisfactory to the Administrative Agent:, the deliverables set forth below or, as applicable, the events set forth below shall have occurred (or such applicable conditions precedent have been waived by the Administrative Agent):

Appears in 3 contracts

Samples: Credit and Security Agreement (CION Investment Corp), Credit and Security Agreement (Cim Real Estate Finance Trust, Inc.), Credit and Security Agreement (CION Investment Corp)

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