Common use of Conditions Precedent to Initial Loan Clause in Contracts

Conditions Precedent to Initial Loan. The obligation of each Lender to make its initial Loan hereunder is subject to satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Rentech Inc /Co/), Credit Agreement (Rentech Inc /Co/)

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Conditions Precedent to Initial Loan. The Xxxxxx’s obligation of each Lender to make its the initial Loan hereunder is subject to the fulfillment, to the satisfaction of Lender and its counsel in their sole and absolute discretion, of each of the following conditions precedentconditions:

Appears in 2 contracts

Samples: Credit Agreement (Predex), Credit Agreement (USQ Core Real Estate Fund)

Conditions Precedent to Initial Loan. The Lender’s obligation of each Lender to make its the initial Loan hereunder is subject to the fulfillment, to the satisfaction of Lender and its counsel, of each of the following conditions precedentconditions:

Appears in 2 contracts

Samples: Credit Agreement (Persimmon Growth Partners Fund Lp), Credit Agreement (Alesco Financial Inc)

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Conditions Precedent to Initial Loan. The Each Lender’s obligation of each Lender to make its initial Loan hereunder is subject to the fulfillment, to the satisfaction of the Agent and its counsel, of each of the following conditions precedentconditions:

Appears in 1 contract

Samples: Credit Agreement (Alesco Financial Inc)

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