Condition Precedent to Loans. The obligation of Lender to advance the proceeds of either Loan to or for the account of Borrower is subject to the condition precedent that Lender shall have received each of the following, in form and substance satisfactory to the Lender and its counsel:
Appears in 3 contracts
Samples: Guaranty Agreement (Tweed John A), Loan and Security Agreement (Forward Air Corp), Loan and Security Agreement (Landair Corp)
Condition Precedent to Loans. The obligation of Lender to advance the proceeds of either the Loan to or for the account of Borrower is subject to the condition precedent that Lender shall have received each of the following, in form and substance satisfactory to the Lender and its counsel:
Appears in 1 contract
Samples: Loan Agreement (Bethlehem Corp)