Conditions to Closing and Draw Downs Sample Clauses

Conditions to Closing and Draw Downs. SECTION 5.1 Conditions Precedent to the Obligation of the Company to Close this Agreement. The obligation hereunder of the Company to enter into this Agreement is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
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Conditions to Closing and Draw Downs. Section 5.1
Conditions to Closing and Draw Downs. SECTION 5.1 CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO CLOSE THIS AGREEMENT, TO ISSUE A DRAW DOWN NOTICE AND TO SELL THE SHARES. The obligation hereunder of the Company to issue and sell the Shares to the Purchaser is subject to the satisfaction or waiver, at or before the date of each Draw Down or Call Option request (the "Draw Down Exercise Date"), of each of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
Conditions to Closing and Draw Downs. Section 5.1 Conditions Precedent to the Obligation of the Company to -------------------------------------------------------- Sell the Shares. The obligation hereunder of the Company to issue and sell the --------------- Shares to each Purchaser is subject to the satisfaction or waiver, at or before the Closing, of each of the conditions set forth below; provided, however, a -------- ------- failure by one of the Purchasers to satisfy such conditions does not relieve the Company's obligations to the other Purchaser provided that the other Purchaser has satisfied the conditions set forth below or such conditions have been waived by the Company as to that Purchaser. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.
Conditions to Closing and Draw Downs. Section 5.1 Conditions Precedent to the Obligation of the Company to Sell the Shares..................................................16 Section 5.2 Conditions Precedent to the Obligation of the Purchaser to Close...............................................................17 Section 5.3 Conditions Precedent to the Obligation of the Purchaser to Accept a Draw Down and Purchase the Shares.......................18 Section 5.4 Conditions Precedent to the Obligation of the Company to Issue Shares Upon Exercise of a Call Option......................18 ARTICLE VI - Draw Down Terms; Call Option Section 6.1 Draw Down Terms.......................................................19 Section 6.2 Purchaser's Call Option...............................................21
Conditions to Closing and Draw Downs. 14 SECTION 5.1 Conditions Precedent to the Obligation of the Company to Close this Agreement ............................................................14 SECTION 5.2 Conditions Precedent to the Obligation of the Purchaser to Close this Agreement ............................................................15 SECTION 5.3 Conditions Precedent to the Obligation of the Purchaser to Accept a Draw Down and Purchase the Shares...............................................15 ARTICLE VI DRAW DOWN TERMS..................................................................17 SECTION 6.1 Draw Down Terms............................................................17
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Conditions to Closing and Draw Downs 

Related to Conditions to Closing and Draw Downs

  • Conditions to Closings Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at each Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at such Closing, of the following conditions:

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

  • Conditions to Closing Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions to Closing of the Company The Company’s obligation to sell the Securities at the Closing is subject to the fulfillment to its satisfaction on or prior to the Closing Date of each of the following conditions:

  • CONDITIONS TO CLOSING OF COMPANY The Company's obligation to sell and issue the Shares at the Closing is, at the option of the Company, subject to the fulfillment or waiver of the following conditions:

  • Conditions for Advance and Conditions to Closing Section 7.1

  • Conditions to Closing and Initial Extensions of Credit The obligation of the Lenders to close this Agreement and to make the initial Loan or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions:

  • Purchaser’s Conditions to Closing The obligations of the Purchaser under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Seller’s Conditions to Closing The obligations of the Seller under this Agreement shall be subject to the satisfaction, on or prior to the Closing Date, of the following conditions:

  • Conditions to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction of the following conditions on or before the Closing Date:

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