Conditions to Fundings Sample Clauses

Conditions to Fundings. The obligations of VFCC or the Liquidity Banks to make Fundings under this Agreement are subject to the accuracy of the representations and warranties on the part of the Issuer contained herein, in the Security Agreement and the other Transaction Documents and to the satisfaction of the following additional conditions on the Funding Date:
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Conditions to Fundings. Purchaser agrees to advance to the Company the Funding Amount specified in any Funding Notice subject to the following conditions precedent and the other terms and conditions set forth in this Agreement, each of which may be waived in the sole discretion of Purchaser:
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Conditions to Fundings. The Company and the Bank Investors shall not, and shall have no obligation to, advance any funds to the Issuer in connection with any Funding if on the date of such Funding, (i) the Net Investment after giving effect to such Funding would exceed the Facility Limit, (ii) after giving effect to such Funding, the Net Asset Test is not satisfied, (iii) the Issuer shall have failed to deposit any Required Yield Deposit Amount into the Yield Supplement Account required pursuant to Section 2.13 of the Security Agreement, (iv) the Issuer is not in compliance with Section 5.3 of the Security Agreement, (v) the Issuer shall not have deposited in the Reserve Account, or shall not have given irrevocable instructions to the Deal Agent to withhold from the proceeds of such Funding, an amount equal to the amount necessary to cause the amount on deposit in the Reserve Account to equal the Required Reserve Account Amount (calculated as if such Funding shall have occurred), (vi) a Potential Termination Event or the Termination Date shall have occurred and be continuing, or (vii) the conditions precedent set forth in Section 4.1 of the Security Agreement shall not be satisfied.
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Conditions to Fundings 
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Related to Conditions to Fundings

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

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

  • 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 Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

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

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

  • Conditions to Issuance No Letter of Credit shall be issued at the request and for the account of any Account Party(ies) unless, as of the date of issuance of such Letter of Credit:

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