Conditions to the Initial Advance and Initial Letter of Credit Sample Clauses

Conditions to the Initial Advance and Initial Letter of Credit. 5.1.1 ORGANIZATIONAL DOCUMENTS - BORROWER. 109 5.1.2 OPINION OF BORROWER'S COUNSEL 110 5.1.3 ORGANIZATIONAL DOCUMENTS - SUBSIDIARY GUARANTOR 111 5.1.4 CONSENTS, LICENSES, APPROVALS, ETC. 111 5.1.5 NOTES 112 5.1.6 FINANCING DOCUMENTS AND COLLATERAL 112 5.1.7 OTHER FINANCING DOCUMENTS 112 5.1.8 OTHER DOCUMENTS, ETC. 112 5.1.9 PAYMENT OF FEES 112 5.1.10 COLLATERAL DISCLOSURE LIST 112 5.1.11 RECORDINGS AND FILINGS 112 5.1.12 INSURANCE CERTIFICATE 113 5.1.13 LANDLORD'S WAIVERS 113 5.1.14 BAILEE ACKNOWLEDGEMENTS 113 5.1.15 FIELD EXAMINATION 113 5.1.16 APPRAISAL 113 5.1.17 PROFORMA BALANCE SHEET AND PROJECTIONS 113 5.1.18 STOCK CERTIFICATES AND STOCK POWERS 113 5.1.19 PACKERWARE MERGER AGREEMENT TRANSACTION 114 5.1.20 ENVIRONMENTAL REPORTS 114 5.1.21 FINANCIAL STATEMENTS 114 SECTION 5.2. CONDITIONS TO ALL EXTENSIONS OF CREDIT 114 5.2.1 DEFAULT 115 5.2.2 REPRESENTATIONS AND WARRANTIES 115 5.2.3 ADVERSE CHANGE 115 5.2.4 LEGAL MATTERS 115 SECTION 6.1 AFFIRMATIVE COVENANTS 115 6.1.1 FINANCIAL STATEMENTS 115 6.1.2
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Conditions to the Initial Advance and Initial Letter of Credit. The Lender’s obligation to extend credit under this Agreement is subject to the fulfilment on or before the Closing Date of the following conditions precedent in a manner satisfactory in form and substance to the Lender and its counsel:
Sample 1
Conditions to the Initial Advance and Initial Letter of Credit. 83 5.1.1 Organizational Documents - Domestic Borrowers. 83 5.1.2 Opinion of Domestic Borrowers' Counsel. 84 5.1.3 Opinion of Local Currency Borrowers' Counsel. 84 5.1.4 Consents, Licenses, Approvals, Etc. 84 5.1.5 Notes. 84 5.1.6 Financing Documents and Collateral. 84 5.1.7
Sample 1
Conditions to the Initial Advance and Initial Letter of Credit. 56 5.1.1 Organizational Documents - Corporate Borrowers. 57 5.1.2 Organizational Documents - Monsey Arizona. 57 5.1.3
Sample 1
Conditions to the Initial Advance and Initial Letter of Credit. The making of the initial advance under the Loan and the issuance of the initial Letter of Credit is subject to the fulfillment on or before the Closing Date of the following conditions precedent in a manner satisfactory in form and substance to the Lender and its counsel: 23 FY'00 Financing Agreement.doc February 18,20007:59 AM
Sample 1
Conditions to the Initial Advance and Initial Letter of Credit. The making of the initial advance under the Loan and the issuance of the initial Letter of Credit is subject to the fulfillment on or before the Closing Date of the following conditions precedent in a manner satisfactory in form and substance to the Lender and its counsel:
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Related to Conditions to the Initial Advance and Initial Letter of Credit

  • Conditions to the Initial Loans No Lender shall be obligated to make any Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Agent, or waived in writing by Agent and Lenders:

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions to Initial Advance Lenders will have no obligation to fund the initial Revolving Loan Advance or any subsequent Revolving Loan Advance unless:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • Conditions to Initial Advances The agreement of Lenders to make the initial Advances requested to be made on the Closing Date is subject to the satisfaction, or waiver by Agent, immediately prior to or concurrently with the making of such Advances, of the following conditions precedent:

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions to Initial Loan The obligation of each Bank to make its initial Loan hereunder is subject to the satisfaction of the following conditions precedent:

  • Conditions Subsequent to the Initial Extension of Credit The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of each of the conditions subsequent set forth below (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default):

  • Initial Advance On or prior to the Closing Date, Borrower shall have delivered to Agent the following:

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