Initial Loan. The obligation of Lender to make the initial Loan hereunder is, in addition to the conditions precedent specified in Section 7.2, subject to the condition precedent that Administrator shall have received all of the following, each duly executed and dated the date of such Loan (or such earlier date as shall be satisfactory to Administrator), in form and substance satisfactory to Administrator:
Appears in 4 contracts
Sources: Loan Agreement (Baldor Electric Co), Loan Agreement (Covenant Transport Inc), Loan Agreement (Toro Co)
Initial Loan. The obligation of Lender to make the initial Loan hereunder is, in addition is subject to the conditions precedent specified in Section 7.2, subject to the condition precedent that Administrator shall have received all of the following, each duly executed and dated the date of such Loan (or such earlier date as shall be satisfactory to Administrator), in form and substance satisfactory to Administrator:
Appears in 4 contracts
Sources: Loan Agreement (G&k Services Inc), Loan Agreement (Interface Inc), Loan Agreement (G&k Services Inc)
Initial Loan. The obligation of Lender to make the initial ------------ Loan hereunder is, in addition to the conditions precedent specified in Section ------- 7.2, subject to the condition precedent that Administrator shall have received --- all of the following, each duly executed and dated the date of such Loan (or such earlier date as shall be satisfactory to Administrator), in form and substance satisfactory to Administrator:
Appears in 1 contract
Sources: Loan Agreement (Dixie Group Inc)
Initial Loan. The obligation of Lender to make the initial Loan hereunder is, in addition to the conditions precedent specified in Section 7.2, subject to the condition precedent that the Administrator shall have received all of the following, each duly executed and dated the date of such Loan (or such earlier date as shall be satisfactory to Administrator), in form and substance satisfactory to the Administrator:
Appears in 1 contract