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

Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make the initial Advance or the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension of credit all of the following, in form and substance satisfactory to the Bank:

Appears in 17 contracts

Samples: Credit Agreement (Alphatec Holdings, Inc.), Credit Agreement (Guidance Software, Inc.), Trade Finance Credit Agreement (Variflex Inc)

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Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make the initial Advance or the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension of credit all of the following, in form and substance satisfactory to the Bank:

Appears in 4 contracts

Samples: Term Loan Agreement (Scheid Vineyards Inc), 8 Term Loan Agreement (Atg Inc), Term Loan Agreement (Dove Audio Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make the initial Advance or the first extension of credit credit, as the case may be, to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension of credit all of the following, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Ixys Corp /De/)

Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make the initial Advance or the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension of credit all of the following, in form and substance satisfactory to the Bank:: A.

Appears in 1 contract

Samples: Agricultural Credit Agreement (Scheid Vineyards Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make the initial Advance or the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension of credit all of the following, in form and substance satisfactory to the Bank:: (i)

Appears in 1 contract

Samples: Agreement (Golden State Vintners Inc)

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Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make issue the initial Advance or the first extension Initial Letter of credit to Credit to, for or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension Letter of credit Credit all of the following, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Letter of Credit Agreement (Atg Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of the Bank to make the initial Advance or the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance or such first extension of credit all of the following, in form and substance satisfactory satisfactory, to the Bank:

Appears in 1 contract

Samples: Term Loan Agreement (Atg Inc)

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