Common use of Failure of Lender to Fund Clause in Contracts

Failure of Lender to Fund. 6.1 If Lender fails to timely fund to Borrower after Borrower has complied with paragraph 1.1 above and has complied with all other provisions established therein the Lender failing to provide funds or failing to timely provide funds shall be a Lender default of this Loan Agreement.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Track Group, Inc.)

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Failure of Lender to Fund. 6.1 8.1 If Lender fails to timely fund to Borrower after Borrower has complied with paragraph 1.1 above and has complied with all other provisions established therein the Lender failing to provide funds or failing to timely provide funds shall be a Lender default of this Loan AgreementAgreement (“Lender Default”).

Appears in 2 contracts

Samples: Loan and Security Agreement (Sapinda Asia LTD), Loan and Security Agreement (SecureAlert, Inc.)

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Failure of Lender to Fund. 6.1 7.1 If Lender fails to timely fund to Borrower after Borrower has complied with paragraph 1.1 above and has complied with all other provisions established therein the Lender failing to provide funds or failing to timely provide funds shall be a Lender default of this Loan Agreement.

Appears in 1 contract

Samples: Loan Agreement (Sapinda Asia LTD)

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