Common use of Conditions Precedent to Initial Extension of Credit Clause in Contracts

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 9 contracts

Samples: Credit Agreement (Allen Test Co Inc & Point Release Test 10/08/01), Credit Agreement (Macatawa Bank Corp), Credit Agreement (Power Efficiency Corp)

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Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 8 contracts

Samples: Credit Authorization Agreement (Interface Systems Inc), Credit Agreement (Made2manage Systems Inc), Credit Authorization Agreement (Bixby Carl L)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 6 contracts

Samples: Credit Agreement (Cavco Industries Inc), Logo) Credit Agreement (Taser International Inc), Chase Credit Agreement (Sharps Compliance Corp)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit governed by this agreement and any initial advance under this agreementany of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the BankProper Form:

Appears in 4 contracts

Samples: Credit Agreement (United Western Bancorp Inc), Credit Agreement (Plains Capital Corp), Credit Agreement (First Busey Corp /Nv/)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a any loan, issuance of a any letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the BankProper Form:

Appears in 3 contracts

Samples: Credit Agreement (Wesbanco Inc), Credit Agreement (Clarkston Financial Corp), Credit Agreement (Park National Corp /Oh/)

Conditions Precedent to Initial Extension of Credit. Before The Bank shall not be obligated to make the first initial extension of credit under this agreementAgreement, whether by disbursement of a loan, issuance of a letter unless prior to or simultaneously with the extension of credit, the funding of a Lease or otherwise, Bank shall have first received the Borrower shall deliver to the Bank, following documents in form and substance satisfactory to the Bankit and its counsel:

Appears in 1 contract

Samples: Credit Agreement (National City Bancshares Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance to satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Authorization Agreement (Michigan Community Bancorp LTD)

Conditions Precedent to Initial Extension of Credit. UNDER EACH OF THE CREDIT FACILITIES. Before the first extension of credit governed by this agreement and any initial advance under this agreementany of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Blackwater Midstream Corp.)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:;

Appears in 1 contract

Samples: Credit Authorization Agreement (Northern Radio Network Corp)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, . whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:: 2

Appears in 1 contract

Samples: Credit Authorization Agreement (National Techteam Inc /De/)

Conditions Precedent to Initial Extension of Credit. Before the me first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:;

Appears in 1 contract

Samples: Credit Agreement (Ari Network Services Inc /Wi)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:: A.

Appears in 1 contract

Samples: Credit Agreement (Syntel Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, . whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Interphase Corp)

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Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (American Dental Technologies Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by the disbursement of a loanan Advance, the issuance of a letter Letter of credit, the funding of a Lease Credit or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Authorization Agreement (Complete Business Solutions Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease credit or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Authorization Agreement (Complete Business Solutions Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:: 2 A.

Appears in 1 contract

Samples: Syntel Inc

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the BankProper Form:

Appears in 1 contract

Samples: Credit Agreement (Main Street Trust Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwiseAgreement, the Borrower shall deliver to the BankLender, in form and substance satisfactory to the BankLender:

Appears in 1 contract

Samples: Line of Credit Agreement (Neopharm Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit governed by this agreement and any initial advance under this agreementany of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the Bank:Proper Form: A.

Appears in 1 contract

Samples: Credit Agreement (Wesbanco Inc)

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