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 Lender to make Loans, is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 3 contracts

Samples: Loan and Security Agreement (Xactly Corp), Loan and Security Agreement (Xactly Corp), Loan and Security Agreement (Xactly Corp)

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Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make Loansthe Term Loans (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan and Security Agreement (Vitalworks Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make Loans, the initial extension of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan Agreement (Arg Property Management Corp)

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Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make Loansthe initial Advance, the Term Loan, or issue Letters of Credit (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan and Security Agreement (Special Devices Inc /De)

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