Common use of Condition Precedent to Any Advance Clause in Contracts

Condition Precedent to Any Advance. The obligation of the Lender to close the Loan and disburse the Loan Proceeds thereof to Borrower shall, subject to waiver by the State, be subject to the condition precedent that the Lender shall have received on or before the date of such closing the Promissory Note duly executed by the Borrower. The Borrower shall provide identifying information for the equipment prior to disbursement of the Loan Proceeds in accordance with Section 9.3 hereof.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Condition Precedent to Any Advance. The obligation of the Lender to close the Loan and disburse the Loan Proceeds proceeds thereof to Borrower shall, subject to waiver by the State, be subject to the condition precedent that the Lender shall have received on or before the date of such closing the Promissory Note duly executed by the Borrower. The Borrower shall provide identifying information for the equipment prior to disbursement of the Loan Proceeds in accordance with Section 9.3 hereof.

Appears in 1 contract

Samples: Loan Agreement

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