Conditions to the Initial Sample Clauses

Conditions to the Initial. ADVANCE AND EXTENSION OF THE LOANS AND THE INITIAL LETTER OF CREDIT OBLIGATIONS. NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT AND WITHOUT AFFECTING IN ANY MANNER THE RIGHTS OF LENDERS HEREUNDER, BORROWER SHALL HAVE NO RIGHTS UNDER THIS AGREEMENT (BUT SHALL HAVE ALL APPLICABLE OBLIGATIONS HEREUNDER), AND LENDERS SHALL NOT BE OBLIGATED TO MAKE THE LOANS OR ANY ADVANCES THEREOF TO INCUR LETTER OF CREDIT OBLIGATIONS, IF ANY, OR TO TAKE, FULFILL, OR PERFORM ANY OTHER ACTION HEREUNDER, UNTIL THE FOLLOWING CONDITIONS HAVE BEEN SATISFIED, IN AGENT'S SOLE DISCRETION, OR WAIVED IN WRITING BY AGENT:
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Conditions to the Initial. Revolving Credit Advance. Lender shall not be obligated to make any Loan, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied in a manner satisfactory to Lender in its sole discretion, or waived in writing by Lender:
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Conditions to the Initial. Advance 62 10.2 Conditions to Each Advance 67 11 EVENTS OF DEFAULT 67 11.1 Obligations 67 11.2 Misrepresentations 68 11.3 Financial Information 68 11.4 Liens 68 11.5 Covenants 68 11.6 Judgments 68 11.7 Voluntary Bankruptcy 68 11.8 Involuntary Bankruptcy 68 11.9 Material Adverse Changes 68 11.10 Lender’s Liens 68 11.11 Subordinated Debt 69 11.12 Management Fees 69 11.13 Cross Default 69 11.14 Guaranty 69 11.15 Change of Ownership 69 11.16 Change of Management 69 11.17 Invalidity 69 11.18 Takings 69 11.19 Seizures 69 11.20 Cessation of Operations 70 11.21 Criminal Charges 70 12 LENDER’S RIGHTS AND REMEDIES AFTER DEFAULT 70 12.1 Rights and Remedies 70 12.2 Application of Proceeds 71 12.3 Lender’s Discretion 71 12.4 Setoff 71 12.5 Receiver 72 12.6 Rights and Remedies not Exclusive 72
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Conditions to the Initial. Advance and Extension of the Loans. Notwithstanding any other provision of this Agreement and without affecting in any manner the rights of Lenders hereunder, Borrower shall have no rights under this Agreement (but shall have all applicable obligations hereunder), and Lenders shall not be obligated to make the Loans or any advances thereof, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied, in the Required Lenders' sole discretion, or waived in writing by the Required Lenders:
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Conditions to the Initial. Purchase Date or Initial Contribution Date. On or prior to the earlier of the initial Purchase Date and the initial Contribution Date, Edison shall deliver to the Buyer the following documents and instruments, all of which shall be in form and substance acceptable to the Buyer:
Sample 1
Conditions to the Initial. ADVANCE OF THE CONSTRUCTION LOAN Lender's obligation hereunder to make the initial Advance of the Construction Loan is conditioned upon Lender's receipt of the following, each in form and substance satisfactory to Lender:
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Conditions to the Initial. Revolving Credit Advance, Initial ----------------------------------------------------------- Letter of Credit Obligations and the Term Loans. ----------------------------------------------- Notwithstanding any other provision of this Agreement and without affecting in any manner the rights of Agent and Lenders hereunder, Borrower shall have no rights under this Agreement (but shall have all applicable obligations hereunder), and no Lender shall be obligated to make any Revolving Credit Advance, incur any Letter of Credit obligation or make the Term Loans, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied, in Agent's sole and reasonable discretion, or waived in writing by Agent:
Sample 1
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Related to Conditions to the Initial

  • 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:

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions to Initial Advance Lenders will have no obligation to fund the initial Revolving Loan Advance or any subsequent Revolving Loan Advance unless:

  • Conditions to the Initial Purchasers’ Obligations The several obligations of the Initial Purchasers to purchase and pay for the Firm Securities on the Closing Date are subject to the following conditions:

  • Conditions to the Closing Date The obligations of each Bank to make the Loans contemplated by subsections 2.1 and 2.2 and of the Issuing Bank to issue Letters of Credit contemplated by subsection 3.1 shall be subject to the compliance by the Company with its agreements herein contained and to the satisfaction, on or before October 1, 2004, of the following conditions:

  • Conditions to the Closing On or before the Closing Date, the Trust Depositor shall deliver or cause to be delivered the following documents to the Owner Trustee and the Indenture Trustee:

  • Conditions to the Distribution (a) The consummation of the Distribution will be subject to the satisfaction, or waiver by Parent in its sole and absolute discretion, of the following conditions:

  • Conditions to Obligations to Close The obligations of Purchaser to consummate the transactions contemplated herein shall be subject to the fulfillment of the following conditions (“Purchaser’s Conditions”), any of which may be waived by Purchaser in its sole and absolute discretion:

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

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