CONDITIONS TO THE SECOND ADVANCE Sample Clauses

CONDITIONS TO THE SECOND ADVANCE. In addition the requirements of SECTION 4.1, the obligation of the Lender to make the Second Advance is subject to the fulfillment, immediately prior to or concurrently with the making of the Second Advance on the date requested therefor by the Borrower, of the following further conditions:
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CONDITIONS TO THE SECOND ADVANCE. As conditions precedent to the second Advance hereunder, in addition to all other requirements herein, Borrower must satisfy each of the following conditions (all of which must be acceptable to Lender in its sole and absolute discretion):
CONDITIONS TO THE SECOND ADVANCE. The Lender’s obligation to make the second Advance is subject to the following conditions having been satisfied in the opinion of the Lender on or prior to the date of the Second Advance:
CONDITIONS TO THE SECOND ADVANCE. Lenders' obligation to make a second advance of the remaining proceeds of the Loan shall be subject to the satisfaction of the following conditions:

Related to CONDITIONS TO THE SECOND ADVANCE

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

  • Conditions to All Advances The obligation of each -------------------------- Applicable Lender to make any Advance, including its initial Advance, shall also be subject to the satisfaction of the conditions precedent that on the date of such Advance:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • Conditions to Each Advance The agreement of Lenders to make any Advance requested to be made on any date (including the initial Advance), is subject to the satisfaction of the following conditions precedent as of the date such Advance is made:

  • 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 Subsequent Advances Lenders will have no obligation to fund any Advance after the initial Revolving Loan Advance unless:

  • Conditions Subsequent to the Initial Extension of Credit The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of each of the conditions subsequent set forth below (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default):

  • Conditions Precedent to All Advances The obligation of Bank to make each Advance, including the initial Advance, is further subject to the following conditions:

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

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