Common use of Initial Extension of Credit Clause in Contracts

Initial Extension of Credit. The obligation of Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender shall have received all of the documents set forth below in form and substance satisfactory to Lender.

Appears in 5 contracts

Samples: Loan Agreement (Global Geophysical Services Inc), Loan Agreement (Oyo Geospace Corp), Loan Agreement (Arabian American Development Co)

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Initial Extension of Credit. The obligation of Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender shall will have received on or before the day of such Advance or issuance of such Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the Closing Date, in form and substance satisfactory to Lender.:

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement (Del Frisco's Restaurant Group, Inc.), Pledge and Security Agreement (Geospace Technologies Corp)

Initial Extension of Credit. The obligation of Lender to make the initial Advance Advances or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender shall will have received on or before the day of such Advances or issuance of such Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the Closing Date, in form and substance satisfactory to Lender.:

Appears in 3 contracts

Samples: Loan Agreement (State National Companies, Inc.), Loan Agreement (American Electric Technologies Inc), Security Agreement (Micropac Industries Inc)

Initial Extension of Credit. The obligation of Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender shall have received on or before the day of such Advance or Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to Lender.:

Appears in 3 contracts

Samples: Credit Agreement (Harte Hanks Inc), Loan Agreement (Dgse Companies Inc), Loan Agreement (Dgse Companies Inc)

Initial Extension of Credit. The obligation of each Lender to make the its initial Advance or and of the Issuing Bank to issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender the Agent shall have received on or before the day of such Advance or such Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to Lender.the Agent:

Appears in 2 contracts

Samples: Credit Agreement (Ezcorp Inc), Credit Agreement (Ezcorp Inc)

Initial Extension of Credit. The obligation of each Lender to make the its initial Advance or and of the Issuing Bank to issue the initial Letter of Credit Credit, is subject to the condition precedent that prior thereto Lender the Agent shall have received on or before the day of such Advance or Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to Lender.the Agent:

Appears in 2 contracts

Samples: Credit Agreement (Ezcorp Inc), Credit Agreement (Ezcorp Inc)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that prior thereto the Lender shall have received on or before the day of such Advance or Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated or the context otherwise requires) the date hereof, in form and substance satisfactory to the Lender.:

Appears in 2 contracts

Samples: Loan Agreement (Rf Monolithics Inc /De/), Loan Agreement (Rf Monolithics Inc /De/)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that prior thereto the Lender shall have received on or before the day of such Advance or Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to the Lender.:

Appears in 1 contract

Samples: Loan Agreement (First Wave Marine Inc)

Initial Extension of Credit. The obligation of Lender the Banks to make the initial Advance or issue the initial Letter of Credit hereunder is subject to the condition precedent that prior thereto Lender the Agent shall have received on or before the day of such Advance or Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to Lender.the Agent:

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

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Initial Extension of Credit. The obligation of Lender the Lenders to make the initial Advance under any Note or of the Issuing Bank to issue the any initial Letter of Credit is subject to the condition precedent that prior thereto Lender the Administrative Agent shall have received on or before the day of such Advance or issuance all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to Lender.the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Home Solutions of America Inc)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that prior thereto the Lender shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to the Lender.:

Appears in 1 contract

Samples: Loan Agreement (Pizza Inn Holdings, Inc /Mo/)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under the Revolving Credit Note or issue the initial Letter of Credit is subject to the condition precedent that prior thereto the Lender shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to the Lender.:

Appears in 1 contract

Samples: Loan Agreement (Quest Resource Holding Corp)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that prior thereto the Lender shall have received on or before the day of such Advance or issuance all of the documents set forth below following, each dated (unless otherwise indicated) the date hereof, in form and substance satisfactory to the Lender.:

Appears in 1 contract

Samples: Loan Agreement (Home Solutions of America Inc)

Initial Extension of Credit. The obligation of Lender to --------------------------- make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender shall have received on or before the date thereof all of the documents set forth below in form and substance satisfactory to Lender.

Appears in 1 contract

Samples: Guaranteed Loan Agreement (Scientific Measurement Systems Inc/Tx)

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