Common use of ADVANCE AND DRAWDOWN Clause in Contracts

ADVANCE AND DRAWDOWN. 5.1 Conditions Precedent to Advance Unless Party B waives all or part of the following conditions, Party B shall be obligated to advance any amount of the Loan only if all the following conditions continuously remain satisfied:

Appears in 12 contracts

Samples: Loan Agreement, RMB Loan Agreement (Applied Optoelectronics, Inc.), RMB Loan Agreement (Applied Optoelectronics, Inc.)

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