Common use of Conditions Precedent to Initial Loan Clause in Contracts

Conditions Precedent to Initial Loan. Notwithstanding any other provision of this Agreement, the Lender's obligation to make the Initial Loan is subject to the fulfillment of each of the following conditions prior to or contemporaneously with the making of such Loan:

Appears in 3 contracts

Samples: Loan and Security Agreement (Intellicall Inc), Loan and Security Agreement (Shoneys Inc), Loan and Security Agreement (Ild Telecommunications Inc)

AutoNDA by SimpleDocs

Conditions Precedent to Initial Loan. Notwithstanding any other provision of this Agreement, the Lender's obligation to make the Initial Loan Loans is subject to the fulfillment of each of the following conditions prior to or contemporaneously with the making of such Loan:

Appears in 3 contracts

Samples: Loan and Security Agreement (Denali Inc), Loan and Security Agreement (Dataflex Corp), Loan and Security Agreement (Airport Systems International Inc)

Conditions Precedent to Initial Loan. Notwithstanding any other provision of this Agreement, the Lender's Lenders' obligation to make the Initial Loan is subject to the fulfillment of each of the following conditions prior to or contemporaneously with the making of such Loan:

Appears in 2 contracts

Samples: Loan and Security Agreement (Supreme International Corp), Loan and Security Agreement (Supreme International Corp)

Conditions Precedent to Initial Loan. Notwithstanding any other provision The obligation of this Agreement, the Lender's obligation Lender to make the Initial initial Loan under the Agreement is subject to the fulfillment of each satisfaction of the following conditions prior to or contemporaneously with the making of such Loanconditions:

Appears in 2 contracts

Samples: Power Efficiency Corp, Power Efficiency Corp

AutoNDA by SimpleDocs

Conditions Precedent to Initial Loan. Notwithstanding Notwith- standing any other provision of this Agreement, the Lender's obligation to make the Initial Loan Loans is subject to the fulfillment of each of the following conditions prior to or contemporaneously with the making of such Loan:

Appears in 2 contracts

Samples: Loan and Security Agreement (International Comfort Products Corp), Loan and Security Agreement (International Comfort Products Corp)

Conditions Precedent to Initial Loan. Notwithstanding any other provision of this Agreement, the Lender's obligation to make the Initial Loan is subject to the fulfillment of each of the following conditions prior to or contemporaneously with the making of such Revolving Credit Loan:

Appears in 1 contract

Samples: Loan and Security Agreement (Acr Group Inc)

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