Common use of Initial Loan Clause in Contracts

Initial Loan. The obligation of Lender to make the initial Loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lender:

Appears in 4 contracts

Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (TGC Industries Inc), Loan and Security Agreement (Flint Telecom Group Inc.)

AutoNDA by SimpleDocs

Initial Loan. The obligation of Lender to make the initial Loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, following in form and substance satisfactory to Lender, or the following conditions shall have been satisfied satisfactory to Lender, as applicable:

Appears in 2 contracts

Samples: Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp)

Initial Loan. The obligation of Lender to make the initial Loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Clean Energy Fuels Corp.)

Initial Loan. The obligation of Lender to make the initial Loan loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Atsi Communications Inc/De)

AutoNDA by SimpleDocs

Initial Loan. The obligation of Lender the Bank to make the its initial Loan under the Credit Facility, is subject to the condition precedent that Lender the Bank shall have received on or before before, or shall receive simultaneously with, the day of any such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lenderthe Bank:

Appears in 1 contract

Samples: Security Agreement (Nelnet Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.