Common use of Conditions Precedent to Initial Extension of Credit Clause in Contracts

Conditions Precedent to Initial Extension of Credit. Any obligation of Bank to make the initial Advance hereunder is subject to receipt by Bank of the following, in form and substance satisfactory to Bank:

Appears in 2 contracts

Samples: Loan Agreement (Sanara MedTech Inc.), Loan Agreement (Stabilis Solutions, Inc.)

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Conditions Precedent to Initial Extension of Credit. Any The obligation of the Bank to make the initial Advance credit extension hereunder is subject to the receipt by the Bank of the following, each in form and substance satisfactory to the Bank:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Medical Transcription Billing, Corp)

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