Common use of Initial Extension of Credit Clause in Contracts

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

Appears in 1 contract

Samples: Loan Agreement (Advanced Environmental Recycling Technologies Inc)

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Initial Extension of Credit. The obligation of the Lender to make the initial Advance under the Revolving Credit Note Advances is subject to the condition precedent that the Lender shall will have received on or before the day of such Advance Advances all of the following, each dated (unless otherwise indicated) the date hereofClosing Date, in form and substance reasonably satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Internet America Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Lm Funding America, Inc.)

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

Appears in 1 contract

Samples: Credit Agreement (ProFrac Holding Corp.)

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

Appears in 1 contract

Samples: Credit Agreement (Direct Digital Holdings, Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (Spacehab Inc \Wa\)

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

Appears in 1 contract

Samples: Loan Agreement (Isecuretrac Corp)

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