Common use of Conditions to Initial Advances Clause in Contracts

Conditions to Initial Advances. The agreement of Agent and the Lenders hereunder is subject to the satisfaction, or waiver by Agent of the following conditions precedent:

Appears in 4 contracts

Samples: Credit and Security Agreement (Quantum Corp /De/), Credit and Security Agreement (Quantum Corp /De/), Security Agreement (Quantum Corp /De/)

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Conditions to Initial Advances. The agreement of Agent and the Lenders each Lender hereunder is subject to the satisfaction, or waiver by Agent Required Lenders, immediately prior to or concurrently with the making of the first Advance hereunder, of the following conditions precedent:

Appears in 1 contract

Samples: Agreement (Styrochem U S Inc)

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