Common use of Conditions Precedent to the Making of Permitted Acquisition Loans Clause in Contracts

Conditions Precedent to the Making of Permitted Acquisition Loans. The obligation of the Banks to make each Revolving Credit Loan which is a Permitted Acquisition Loan shall be subject to the further conditions precedent that on the date of such Revolving Credit Loan:

Appears in 2 contracts

Samples: Loan Agreement (Manchester Equipment Co Inc), Loan Agreement (Manchester Equipment Co Inc)

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Conditions Precedent to the Making of Permitted Acquisition Loans. The obligation of the Banks to make each Revolving Credit Loan which is a Permitted Acquisition Loan shall be subject to the further conditions precedent that on the date of such Revolving Credit Loan:

Appears in 1 contract

Samples: Loan Agreement (Hirsch International Corp)

Conditions Precedent to the Making of Permitted Acquisition Loans. The obligation of the Banks to make each Revolving Credit Loan (Xxxxxx) which is a Permitted Acquisition Loan shall be subject to the further conditions precedent that on the date of such Revolving Credit Loan:Loan (Xxxxxx):

Appears in 1 contract

Samples: Loan Agreement (Hirsch International Corp)

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Conditions Precedent to the Making of Permitted Acquisition Loans. The obligation of the Banks Bank to make each Revolving Credit Loan which is a Permitted Acquisition Loan shall be subject to the further conditions precedent that on the date of such Revolving Credit Loan, Letter of Credit, Import Letter of Credit or Bankers Acceptance:

Appears in 1 contract

Samples: Loan Agreement (Manchester Technologies Inc)

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