Common use of Conditions to Initial Funding Clause in Contracts

Conditions to Initial Funding. Agent’s and Lenders’ obligation to make the initial Loans pursuant to this Loan Agreement and the Other Agreements is subject to the full and timely performance of the following covenants prior to or contemporaneously with the making of the initial Loans.

Appears in 2 contracts

Samples: Loan and Security Agreement (Agritech Worldwide, Inc.), Loan and Security Agreement (Agritech Worldwide, Inc.)

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Conditions to Initial Funding. AgentLender’s and Lenders’ obligation to make the initial Loans Loan pursuant to this Loan Agreement and the Other Agreements is subject to the full and timely performance of the following covenants prior to or contemporaneously with the making of the initial LoansLoan.

Appears in 2 contracts

Samples: Loan and Security Agreement (Total Apparel Group , Inc.), Loan and Security Agreement (United American Healthcare Corp)

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Conditions to Initial Funding. AgentLender’s and Lenders’ obligation to make the initial Loans Loan pursuant to this Loan Agreement and the Other Agreements is subject to the full and timely performance of the following covenants prior to or contemporaneously with the making of the initial LoansLoan on or after the Effective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Better Choice Co Inc.)

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