Conditions to Subsequent Advances. The obligation of Lender to make any Advance subsequent to the initial Advance on the Loan is subject to the following conditions precedent:
Appears in 3 contracts
Samples: Loan and Security Agreement (ScripsAmerica, Inc.), Loan and Security Agreement (Zynex Inc), Loan and Security Agreement (Zynex Inc)
Conditions to Subsequent Advances. The obligation obligations of Lender to make each Advance under any Advance unfunded loan Obligation on any Borrowing Date subsequent to the initial Advance on the Loan is hereunder shall be subject to the fulfillment of the following conditions precedent:
Appears in 2 contracts
Samples: Loan Agreement (TWC Holding Corp.), Loan Agreement (Wornick CO Right Away Division, L.P.)
Conditions to Subsequent Advances. The obligation of Lender to make any Advance subsequent to each advance under the Revolving Loan after the initial Advance on the Loan advance is subject to the following conditions precedent:
Appears in 1 contract
Samples: Loan and Security Agreement (Dallas Gold & Silver Exchange Inc /Nv/)
Conditions to Subsequent Advances. The obligation of Lender to make any Advance each advance subsequent to the initial Advance on advance under the Revolving Loan is subject to the following conditions precedent:
Appears in 1 contract
Samples: Loan and Security Agreement (White Electronic Designs Corp)