Condition to Advances Sample Clauses

Condition to Advances. It shall be a condition to each advance under the Note that no Event of Default (as defined in the Note) shall have occurred and be continuing. At the time of each request for an advance, the Company shall provide to the Noteholders a certificate, executed by the Chief Executive Officer or Chief Financial Officer of the Company, stating that no Event of Default has occurred and is continuing.
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Condition to Advances. It shall be a condition to each advance under the AR Notes that no Event of Default (as defined in the AR Notes) shall have occurred and be continuing. At the time of each request for an advance, the Company shall provide to the Noteholders a certificate, executed by the Chief Executive Officer or Chief Financial Officer of the Company, stating that no Event of Default has occurred and is continuing.
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Condition to Advances. Co-Lenders' obligation to make each advance under the Credit Facility shall be subject to satisfaction of each of the following additional conditions:
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Condition to Advances. Lenders' obligation to make each advance under the Credit Facility shall be subject to satisfaction of each of the following conditions:
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Condition to Advances. 9 11. Readvances............................................................. 10
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Condition to Advances. The following shall be conditions precedent to the obligation of any Purchaser to advance its share of any Additional Principal Amount on any Borrowing Date (including the 2011-A Closing Date):
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Condition to Advances. It shall be a condition to any Advance that the Company shall have renegotiated the employment agreements of James Ligon, Bruce Mxxxx xxx Xxrrx Xxxxxxxx, in axxxxxxxxx xxxx the Employment Side Bar Agreement, a copy of which is attached as Exhibit C.
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Related to Condition to Advances

  • Conditions to Advances The obligation of Lender to make each Advance hereunder, including the Initial Advance, shall be subject to the prior or simultaneous occurrence or satisfaction of each of the following conditions:

  • Conditions Precedent to Advances Notwithstanding any other provision of this Agreement, no Loan proceeds, Revolving Credit Loans, advances or other extensions of credit under the Loan shall be disbursed under this Agreement unless the following conditions have been satisfied or waived immediately before such disbursement:

  • Conditions Precedent to All Advances The obligation of Bank to make each Advance, including the initial Advance, is further subject to the following conditions:

  • Conditions to All Advances The obligation of each -------------------------- Applicable Lender to make any Advance, including its initial Advance, shall also be subject to the satisfaction of the conditions precedent that on the date of such Advance:

  • CONDITIONS PRECEDENT TO EACH ADVANCE Lender’s obligation to make the initial Advance and each subsequent Advance under this Agreement shall be subject to the fulfillment to Lender’s satisfaction of all of the conditions set forth in this Agreement and in the Related Documents.

  • Conditions to Subsequent Advances Lenders will have no obligation to fund any Advance after the initial Revolving Loan Advance unless:

  • Conditions Precedent to All Advances and Letters of Credit The Lender’s obligation to make each Advance or to cause the issuance of a Letter of Credit shall be subject to the further conditions precedent that:

  • Conditions to Each Advance The agreement of Lenders to make any Advance requested to be made on any date (including the initial Advance), is subject to the satisfaction of the following conditions precedent as of the date such Advance is made:

  • CONDITIONS TO EACH BUYER’S OBLIGATION TO PURCHASE The obligation of each Buyer hereunder to purchase the Notes and Warrants at the Closing is subject to the satisfaction, at or before the Closing Date of each of the following conditions, provided that these conditions are for such Buyer's sole benefit and may be waived by such Buyer at any time in its sole discretion:

  • Disbursement of Advances (a) Upon receiving any Request for Revolving Credit Advance from Borrower under Section 2.3 hereof, Agent shall promptly notify each Revolving Credit Lender by wire, telex or telephone (confirmed by wire, telecopy or telex) of the amount of such Advance being requested and the date such Revolving Credit Advance is to be made by each Revolving Credit Lender in an amount equal to its Revolving Credit Percentage of such Advance. Unless such Revolving Credit Lender’s commitment to make Revolving Credit Advances hereunder shall have been suspended or terminated in accordance with this Agreement, each such Revolving Credit Lender shall make available the amount of its Revolving Credit Percentage of each Revolving Credit Advance in immediately available funds to Agent, as follows:

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