Conditions Precedent to Subsequent Advances Sample Clauses

Conditions Precedent to Subsequent Advances. The obligation of each Lender to make each Advance to be made by it (other than any initial Advance on the Closing Date) on each Borrowing Date shall be subject to the fulfillment (or waiver by the Required Lenders) of the following conditions; provided that the conditions described in clauses (c) and (d) (other than a Default or Event of Default described in Section 6.01(h)) below need not be satisfied if the proceeds of the Borrowing are used to fund Delayed Drawdown Collateral Loans or Revolving Collateral Loans then owned by the Borrower or to fund the Unfunded Reserve Account to the extent required under Section 8.05:
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Conditions Precedent to Subsequent Advances. The obligation of the Lender to make subsequent advances under the Revolving Credit is subject to the conditions precedent that the Lender shall have received, in form and substance satisfactory to it, each of the following documents, and that each of the conditions described below is fulfilled to the satisfaction of the Lender: (i) if applicable, a request for advance pursuant to Section 3.01 hereof; and (ii) the representations and warranties contained in Article IV hereof and each of the other Loan Documents shall be correct in all material respects on and as of the date of the request for the advance and the date of the advance (if applicable), with the same effect as though made on and as of those dates, except to the extent that such representations and warranties relate solely to an earlier date, and on each of such dates, no event, act, or condition shall have occurred or be continuing, or would result from the advance requested which constitutes an Event of Default or would constitute an Event of Default but for the requirement that notice be given or time elapse, or both. The submission by the Borrower of an oral or written request for advance shall constitute a representation and warranty as to the correctness of the above facts, and if requested by the Lender with respect to the advance requested, the Borrower shall furnish to the Lender a written certificate of an officer of the Borrower, satisfactory in form and substance to the Lender, as to the correctness of the above facts as a condition precedent to such advance.
Conditions Precedent to Subsequent Advances. The following shall be conditions precedent to all subsequent Advances:
Conditions Precedent to Subsequent Advances. The obligation of the Lenders to make any Advance after the Effective Date (other than a Conversion or a Rollover) is subject to and conditional upon the following conditions precedent being fulfilled to the satisfaction of the Agent by the Borrowers:
Conditions Precedent to Subsequent Advances. The following conditions precedent must be satisfied for each Subsequent Advance made by Lender:
Conditions Precedent to Subsequent Advances. The obligation of each Lender to make each Advance to be made by it on each Borrowing Date shall be subject to the fulfillment (or waiver by the Required Lenders) of the following conditions:
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Conditions Precedent to Subsequent Advances. Lender shall not be required to make any disbursement or advance subsequent to the initial disbursement or initial advance under the Loan, unless on the applicable date that each such advance is to be made:
Conditions Precedent to Subsequent Advances. The obligation of Lender to make subsequent Advances is subject to the conditions precedent that Lender shall have received, in form and substance satisfactory to it, each of the following documents and that each of the conditions described below is fulfilled to the satisfaction of Lender:
Conditions Precedent to Subsequent Advances. The obligation of each Lender to make any disbursement or advance subsequent to the initial disbursement or initial advance under the Revolving Loans, or of Huntington as issuing bank to issue any Letters of Credit is subject to all the conditions and requirements of this Agreement and delivery of the following required documents, or other action, all of which are conditions precedent:
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