Common use of Conditions for First Disbursement Clause in Contracts

Conditions for First Disbursement. The obligation of each Lender to make its first Advance hereunder is subject to receipt by each Lender and the Agent of the following documents and completion of the following matters, in form and substance reasonably satisfactory to the Agent:

Appears in 3 contracts

Samples: Credit Agreement (Universal Forest Products Inc), Credit Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

AutoNDA by SimpleDocs

Conditions for First Disbursement. The obligation of each Lender the Lenders to make its the first Advance hereunder is subject to receipt by each Lender and the Agent of the following documents and completion of the following matters, in form and substance reasonably satisfactory to the Agent:

Appears in 2 contracts

Samples: Credit Agreement (MSX International Business Services Inc), Credit Agreement (MSX International Inc)

AutoNDA by SimpleDocs

Conditions for First Disbursement. The obligation of each Lender the Lenders, the L/C Issuers or the Administrative Agent, as applicable, to make its the first Advance hereunder is subject to receipt by each Lender and the Administrative Agent of the following documents and completion of the following matters, in form and substance reasonably satisfactory to each Lender and the Administrative Agent:

Appears in 1 contract

Samples: Guaranty Agreement (Iae Inc)

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