Common use of Conditions Precedent to the Loan Clause in Contracts

Conditions Precedent to the Loan. The obligation of Lender to make the Loan on the Closing Date is subject to the satisfaction by Borrower on the Closing Date of the following conditions precedent:

Appears in 2 contracts

Sources: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)

Conditions Precedent to the Loan. The obligation of Lender on the Closing Date to make the Loan on the Closing Date is subject to the satisfaction by Borrower on the Closing Date of all of the following conditions precedent:

Appears in 2 contracts

Sources: Loan Agreement (Muehlstein Holding Corp), Loan Agreement (Muehlstein Holding Corp)

Conditions Precedent to the Loan. The obligation of Lender to make the Loan on the Closing Date is subject to the satisfaction by Borrower or waiver in accordance with Section 8.5 on the Closing Date of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Synapse Group Inc)

Conditions Precedent to the Loan. The obligation of the Lender to make the Loan on the date of borrowing hereunder (the “Closing Date is Date”) shall be subject to the satisfaction by Borrower on the Closing Date of each of the following conditions precedentprecedent before or concurrently with the making of the Loan:

Appears in 1 contract

Sources: Bridge Loan Agreement (Aksys LTD)

Conditions Precedent to the Loan. The obligation of Lender to make advance the Loan on the Closing Date is shall be subject to the fulfillment, to the sole satisfaction by Borrower on the Closing Date of Lender, of all of the following conditions precedent:precedent in addition to the conditions specified in Section 2.01

Appears in 1 contract

Sources: Loan Agreement (Paratek Pharmaceuticals, Inc.)