Conditions Precedent to Initial Loans and Letter of Credit Accommodations Sample Clauses

Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to Lender making the initial Loans and providing the initial Letter of Credit Accommodations hereunder:
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Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to Lenders (or Agent on behalf of Lenders) making the initial Loans and providing the initial Letter of Credit Accommodations hereunder:
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to the initial Loans and Letter of Credit Accommodations pursuant to this Agreement and the other Financing Agreements which shall be satisfied in a manner acceptable to Agent (any of which may be waived, in whole or in part, only by Agent and all of Lenders in writing):
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to Lender making the initial Loans and providing the initial Letter of Credit Accommodations hereunder: (a Lender shall have received, in form and substance satisfactory to Lender, all releases, terminations and such other documents as Lender may request to evidence and effectuate the termination by Canadian Imperial Bank of Commerce of its financing arrangements with Guarantor, and the termination by The Chase Manhattan Bank and Citizens Business Credit Company of their financing arrangements with Borrower and the termination and release by it and them of any interest in and to any assets and properties of Borrower, Guarantor and any other Obligor, duly authorized, executed and delivered by each of them, including, but not limited to, UCC and PPSA termination statements for all UCC and PPSA financing statements previously filed by it or any of them or their predecessors, as secured party and Borrower or any Obligor, as debtor; (b all requisite corporate action and proceedings in connection with this Agreement and the other Financing Agreements shall be satisfactory in form and substance to Lender, and Lender shall have received all information and copies of all documents, including records of requisite corporate action and proceedings which Lender may have requested in connection therewith, such documents where requested by Lender or its counsel to be certified by appropriate corporate officers or Governmental Authority; (c no material adverse change shall have occurred in the asset or business of Borrower or any Obligor since the date of Lender's latest field examination and no change or event shall have occurred which would impair the ability of Borrower or any Obligor to perform its obligations hereunder or under any of the other Financing Agreements to which it is a party or of Lender to enforce the Obligations or realize upon the Collateral; (d Lender shall have completed a field review of the Records and such other information with respect to the Collateral as Lender may require to determine the amount of Revolving Loans available to Borrower (including, without limitation, current perpetual inventory records and/or roll-forwards of Accounts and Inventory through the date of closing and test counts of the Inventory in a manner satisfactory to Lender, together with such supporting documentation as may be necessary or appropriate, and other documents and information that will enable Lender to accurately i...
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to the amendment and restatement of the Obligations under the Existing Loan Agreement and the initial Loans and LC Accommodations to Borrowers pursuant to this Agreement and the other Financing Agreements:
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to Lender making the initial Loans and providing the initial Letter of Credit Accommodations hereunder, which have been satisfied:
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to Lender making the initial Loans and providing the initial Letter of Credit Accommodations hereunder. If any of the following conditions are not satisfied by January 9, 1998, Lender shall have no further obligation hereunder. Any of the following conditions may be waived by Lender, but only in a written waiver signed by a duly-authorized officer of Lender.
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to Lender making the initial Loans hereunder:
Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to the purchase by Lender of the Purchased Assets and Lender making the initial Loans, and providing the initial Letter of Credit Accommodations hereunder: