Common use of Conditions Term of Agreement Clause in Contracts

Conditions Term of Agreement. 3.1. Conditions Precedent to the Initial Advance, Letter of Credit, the Term Loan, and the Initial Capital Expenditure Loan. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit or to make the Term Loan is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Effective Management Systems Inc)

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Conditions Term of Agreement. 3.1. 3.1 Conditions Precedent to the Initial Advance, the Initial Letter of Credit, Credit and the Term Loan, and the Initial Capital Expenditure Loan. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit or to make the Term Loan is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Generation Systems Inc)

Conditions Term of Agreement. 3.1. Conditions Precedent to the Initial Advance3.1 CONDITIONS PRECEDENT TO THE INITIAL ADVANCE, Letter of CreditLETTER OF CREDIT, the Term LoanTHE TERM LOAN, and the Initial Capital Expenditure LoanAND THE INITIAL CAPITAL EXPENDITURE LOAN. The obligation of Foothill to make the initial AdvanceAdvance or, to issue the initial Letter of Credit or to make the Term Loan Credit, is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Bpi Packaging Technologies Inc)

Conditions Term of Agreement. 3.1. Conditions Precedent to the Initial Advance, Letter of Credit, Credit and the Term Loan, and the Initial Capital Expenditure Loan. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit or to make the Term Loan is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Starcraft Corp /In/)

Conditions Term of Agreement. 3.1. 3.1 Conditions Precedent to the Initial Advance, and Letter of Credit, and the Term Loan, and the Initial Capital Expenditure Loan. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit Credit, or to make the Term Loan is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Intergraph Corp)

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Conditions Term of Agreement. 3.1. 3.1 Conditions Precedent to the Initial Advance, the Initial Letter of Credit, and the Term Loan, and the Initial Capital Expenditure LoanLoans. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit Credit, or to make the Term Loan Loans, is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

Conditions Term of Agreement. 3.1. 3.1 Conditions Precedent to the Initial Advance, Letter of Credit, and the Term Loan, and the Initial Capital Expenditure LoanLoan Subline. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit Credit, or to make the Term Loan Subline is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Products Corp /De/)

Conditions Term of Agreement. 3.1. 3.1 Conditions Precedent to the Initial Advance, Letter of Credit, Credit and the Term Loan, and the Initial Capital Expenditure Loan. The obligation of Foothill to make the initial Advance, to issue the initial Letter of Credit or and to make the Term Loan is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Loan and Security Agreement (Pharmhouse Corp)

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