Common use of BENEFIT OF CONDITIONS PRECEDENT Clause in Contracts

BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 3 are for the sole benefit of the Lender and may be waived by the Lender in whole or in part without prejudice to the Lender. No document shall be deemed delivered to the Lender until received and accepted by the Lender at its offices in Boston, Massachusetts. Under no circumstances shall this Agreement take effect until executed and accepted by the Lender at said offices.

Appears in 3 contracts

Samples: Loan and Security Agreement (dELiAs, Inc.), Loan and Security Agreement (Gadzooks Inc), Loan and Security Agreement (Gadzooks Inc)

AutoNDA by SimpleDocs

BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 3 3, are for the sole benefit of the Lender and may be waived by the Lender in whole or in part without prejudice to the Lender. No document shall be deemed delivered to the Lender until received and accepted by the Lender at its offices in Boston, Massachusetts. Under no circumstances shall this Agreement take effect until executed and accepted by the Lender at said offices.

Appears in 2 contracts

Samples: Loan and Security Agreement (Redenvelope Inc), Loan and Security Agreement (Bluefly Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!