CONDITIONS TO FIRST LOANS Sample Clauses

CONDITIONS TO FIRST LOANS. In addition to the conditions precedent set forth in Section 6, the obligation of each Lender to make its first Loan shall be subject to the fulfillment of the following conditions precedent:
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CONDITIONS TO FIRST LOANS. 56 5.1. Evidence of Action ............................................................................ 56 5.2. Absence of Litigation ......................................................................... 57 5.3. Approvals and Consents ........................................................................ 57 5.4. Opinion of Counsel to the Parent Borrower ..................................................... 57 5.5.
CONDITIONS TO FIRST LOANS. 5.1. Evidence of Action 5.2. This Agreement 5.3. Note
CONDITIONS TO FIRST LOANS. The obligations of the Lender to make the initial Loans shall be subject to the prior or contemporaneous satisfaction of the conditions set forth in Section 5.01 and the satisfaction (or waiver in accordance with Section 9.02) of the following additional conditions:
CONDITIONS TO FIRST LOANS. 38 5.1 Evidence of Action..........................................................38 5.2 This Agreement..............................................................39 5.3 Notes.......................................................................39 5.4 Guaranty....................................................................39 5.5 Interest Rate Protection....................................................39 5.6 Litigation..................................................................40 5.7 Opinion of Counsel to the Borrower..........................................40 5.8 Fees........................................................................40 5.9 Fees and Expenses of Special Counsel........................................40 4 TABLE OF CONTENTS (continued) PAGE
CONDITIONS TO FIRST LOANS. The obligation of each Lender to make any Loan on the first Borrowing Date is subject to the satisfaction on the Effective Date of the conditions set forth in Section 5.1, the satisfaction of the conditions precedent set forth in Section 6 and the satisfaction of the following conditions precedent as of the first Borrowing Date:
CONDITIONS TO FIRST LOANS. In addition to the conditions precedent set forth in Article 6, the obligation of the Bank to make Loans from and after the Effective Date shall be subject to the fulfillment of the following conditions precedent:
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CONDITIONS TO FIRST LOANS. 42 5.1. Evidence of Action................................................................. 42 5.2. Notes.............................................................................. 43 5.3. Absence of Litigation.............................................................. 43 5.4.
CONDITIONS TO FIRST LOANS. 33 Section 5.1 Evidence of Action ...................................... 33 Section 5.2 This Agreement .......................................... 34 Section 5.3 Notes ................................................... 34 Section 5.4 Approvals ............................................... 34 Section 5.5 Opinion of Counsel to the Borrower ...................... 34 Section 5.6

Related to CONDITIONS TO FIRST LOANS

  • CONDITIONS TO LOANS The obligations of Lenders to make Loans are subject to satisfaction of all of the applicable conditions set forth below.

  • Conditions to Initial Loans The agreement of each Lender to make Loans hereunder and the effectiveness of this Agreement is subject to the satisfaction, prior to or on the Closing Date, of the following conditions precedent, which conditions precedent apply to and shall be satisfied by the Borrower:

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions to Initial Advances The agreement of Lenders to make the initial Advances requested to be made on the Closing Date is subject to the satisfaction, or waiver by Agent, immediately prior to or concurrently with the making of such Advances, of the following conditions precedent:

  • Conditions to Funding The obligations of the Lenders to make any Credit Extension hereunder on the Funding Date are subject to the satisfaction of the following conditions:

  • Conditions to Initial Loan The obligation of each Bank to make its initial Loan hereunder is subject to the satisfaction of the following conditions precedent:

  • Conditions to Initial Advance Lender shall have no obligation to make the Initial Advance of funds to Borrower unless and until Contractor has furnished Borrower and Lender the Bond permitted by this Contract, and the following conditions have been satisfied:

  • Conditions to All Loans The obligations of Lenders to make Loans on each Funding Date are subject to the following further conditions precedent:

  • CONDITIONS TO BORROWINGS The obligations of each Lender to make Advances to Borrower hereunder is subject to the satisfaction of the following conditions:

  • Conditions to the Initial Loans No Lender shall be obligated to make any Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Agent, or waived in writing by Agent and Lenders:

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