Common use of Condition Precedent to the Loan Clause in Contracts

Condition Precedent to the Loan. The obligation of the Bank to make the Loan to the Borrower is subject to the condition precedent that the Bank shall have received, on or before the day of such Loan, each of the following, in a form and substance satisfactory to the Bank and its counsel:

Appears in 1 contract

Samples: Loan Agreement (Chevy Chase Preferred Capital Corp)

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Condition Precedent to the Loan. The obligation of the Bank Lender to make the Loan to the Borrower is subject to the condition precedent precedent, that the Bank Lender shall have received, received on or before the day of such Loan, each of the following, following in a form and substance satisfactory to the Bank Lender and its counsel:

Appears in 1 contract

Samples: Term Loan Agreement (Basin Water, Inc.)

Condition Precedent to the Loan. The obligation of the Bank Lender to make the Loan to the Borrower is subject to the condition precedent that the Bank Lender shall have received, received on or before the day date of such Loan, the Loan each of the following, following in a form and substance satisfactory to the Bank and its counselLender:

Appears in 1 contract

Samples: Promissory Note Agreement (Integrated Environmental Technologies, Ltd.)

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Condition Precedent to the Loan. The obligation of the Bank Lender to make the Term Loan to the Borrower is subject to the condition precedent that the Bank Lender shall have received, received on or before the day of such Loan, closing each of the following, in a form and substance satisfactory satisfacto­ry to the Bank Lender and its counsel:

Appears in 1 contract

Samples: Loan Agreement (Panache Beverage, Inc.)

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