Common use of Condition Precedent to Additional Advance Clause in Contracts

Condition Precedent to Additional Advance. Notwithstanding anything to the contrary in this Agreement, the Lender shall be under no obligation to make an Advance to the Borrower hereunder until and unless the following requirements shall have been satisfied:

Appears in 2 contracts

Samples: Credit Agreement (Lithia Motors Inc), Credit Agreement (Lithia Motors Inc)

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Condition Precedent to Additional Advance. Notwithstanding anything to the contrary in this Agreement, the Lender shall be under no obligation to make an Advance to the Borrower hereunder (other than an Advance which effects a refinancing of Indebtedness owed to the Lender in connection with the Bridge Facility) until and unless the following requirements shall have been satisfied:

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

Condition Precedent to Additional Advance. Notwithstanding ----------------------------------------- anything to the contrary in this Agreement, the Lender shall be is under no obligation to make an Advance to the Borrower hereunder until and unless the following requirements shall have been satisfied:

Appears in 1 contract

Samples: Credit Agreement (Firstamerica Automotive Inc /De/)

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Condition Precedent to Additional Advance. Notwithstanding anything to the contrary in this Agreement, the Lender shall be under no obligation to make an Advance to the Borrower hereunder hereunder, until and unless the following requirements shall have been satisfied:

Appears in 1 contract

Samples: Credit Agreement (Sonic Automotive Inc)

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