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Common use of Initial Loan Clause in Contracts

Initial Loan. Subject to the satisfaction (or waiver) of the terms and conditions of this Agreement, the Lender shall make the Initial Loan to Borrower at the First Closing.

Appears in 8 contracts

Sources: Senior Secured Credit Facility Agreement (Pacific Ventures Group, Inc.), Senior Secured Credit Facility Agreement (Sack Lunch Productions Inc.), Senior Secured Credit Facility Agreement (Sack Lunch Productions Inc.)

Related Clauses

  • Initial Loans
  • Initial Advance
  • Funding Date
  • Additional Loans
  • Incremental Loans

Parent Clauses

  • Conditions Precedent
  • Loans
  • Conditions
  • Conditions of Lending
  • Conditions to Credit Extensions

Sub-Clauses

  • Other Documents
  • Organizational Documents
  • Opinions of Counsel
  • Loan Documents
  • Notes
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