Common use of Initial Loans Clause in Contracts

Initial Loans. Any Lender’s obligation to make the initial Revolving Loans and issue any Letter of Credit hereunder is, in addition to the conditions precedent specified in Section 5.1 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 6 contracts

Samples: Revolving Loan and Security Agreement (Diversicare Healthcare Services, Inc.), Revolving Loan and Security Agreement (Diversicare Healthcare Services, Inc.), Revolving Loan and Security Agreement (Advocat Inc)

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Initial Loans. Any Lender’s obligation to make the initial Revolving Loans Loan and an initial Term Loan and to issue any Letter of Credit hereunder is, in addition to the conditions precedent specified in Section 5.1 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 2 contracts

Samples: Loan and Security Agreement (ExamWorks Group, Inc.), Loan and Security Agreement (ExamWorks Group, Inc.)

Initial Loans. Any The Lender’s obligation to make the initial Revolving Loans and issue any Letter of Credit the Term Loan hereunder is, in addition to the conditions precedent specified in Section 5.1 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Advocat Inc)

Initial Loans. Any The Lender’s obligation to make the initial Revolving Loans and issue any Letter of Credit the Term Loan and the Assumed Debt Loan hereunder is, in addition to the conditions precedent specified in Section 5.1 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Tandem Health Care, Inc.)

Initial Loans. Any Lender’s obligation to make the initial Revolving Loans and issue any Letter of Credit hereunder is, in addition to the conditions precedent specified in Section 5.1 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Diversicare Healthcare Services, Inc.)

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Initial Loans. Any Lender’s The Bank's obligation to make the initial Revolving Loans and issue any Letter of Credit Loan hereunder is, in addition to the conditions precedent specified in Section 5.1 11.2 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 1 contract

Samples: Secured Revolving Loan Agreement (Riverside Partners Et Al)

Initial Loans. Any The Lender’s obligation to make the initial Revolving Loans and issue any Letter of Credit hereunder is, in addition to the conditions precedent specified in Section 5.1 hereof, subject to the satisfaction of each of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Advocat Inc)

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