Conditions Precedent to the Initial Advance. The obligation of Foothill to make the initial Advance is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:
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Samples: Loan and Security Agreement (Midcom Communications Inc), Loan and Security Agreement (Communication Telesystems International), Loan and Security Agreement (Incomnet Inc)
Conditions Precedent to the Initial Advance. The obligation of Foothill to make the initial Advance is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:Effective Date (except as expressly set forth below):
Appears in 1 contract
Samples: Loan and Security Agreement (Majestic Star Casino LLC)
Conditions Precedent to the Initial Advance. The obligation of Foothill to make the initial Advance hereunder, is subject to the fulfillment, to the satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:
Appears in 1 contract
Samples: Loan and Security Agreement (Allied Healthcare Products Inc)
Conditions Precedent to the Initial Advance. The obligation of Foothill to make the initial Advance is subject to the fulfillment, to the reasonable satisfaction of Foothill and its counsel, of each of the following conditions on or before the Closing Date:Date (except to the extent that Foothill, in its sole discretion, waives or postpones, in whole or in part, the satisfaction of any such condition(s)):
Appears in 1 contract
