Common use of Condition Precedent to Initial Advance Clause in Contracts

Condition Precedent to Initial Advance. The obligation of the Lender to make its initial Advance is subject to the conditions precedent that Lender shall have received on or before the day of such Advance the following, each dated such date, in form and substance satisfactory to the Lender:

Appears in 3 contracts

Samples: Credit Agreement (Dynacq International Inc), Credit Agreement (Dynacq International Inc), Credit Agreement (Dynacq International Inc)

AutoNDA by SimpleDocs

Condition Precedent to Initial Advance. The obligation of the Lender to make its initial Advance is subject to the conditions condition precedent that the Lender shall have received on or before the day of such Advance the following, each dated such dateday, in form and substance satisfactory to the Lender:

Appears in 3 contracts

Samples: Loan Agreement (Little Switzerland Inc/De), Loan Agreement (Little Switzerland Inc/De), Loan Agreement (Little Switzerland Inc/De)

Condition Precedent to Initial Advance. The obligation of the Lender to make its initial the Advance is subject to the conditions condition precedent that the Lender shall have received on or before the day of such Advance the following, each dated such dateday, in form and substance reasonably satisfactory to the Lender:

Appears in 2 contracts

Samples: Bridge Loan Agreement (Sorrento Therapeutics, Inc.), Bridge Loan Agreement (Sorrento Therapeutics, Inc.)

AutoNDA by SimpleDocs

Condition Precedent to Initial Advance. The obligation of the Lender to make its initial the Advance is subject to the conditions condition precedent that Lender Xxxxxx shall have received on or before the day of such Advance the following, each dated such dateday, in form and substance reasonably satisfactory to the Lender:

Appears in 2 contracts

Samples: Bridge Loan Agreement, Bridge Loan Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.