Conditions for First Drawdown Sample Clauses

Conditions for First Drawdown. The following conditions shall be satisfied by the Borrowers on or prior to the earlier of the first Drawdown Date and the first deemed Drawdown pursuant to Section 3.4 or 3.5:
AutoNDA by SimpleDocs
Conditions for First Drawdown. The following conditions shall be satisfied by the Borrowers on or prior to the first Drawdown Date after the date hereof:
Conditions for First Drawdown. On or before the first Drawdown hereunder, the following conditions shall be satisfied by the Borrower:
Conditions for First Drawdown. 62 --- ----------------------------- 6.2 CONDITIONS FOR SUBSEQUENT DRAWDOWNS.............................................64 --- -----------------------------------
Conditions for First Drawdown. The following conditions shall be satisfied by the Borrowers on or prior to the first Drawdown Date after the date hereof or such later date as may be agreed to by the Administrative Agent (with the consent of the Majority Lenders):
Conditions for First Drawdown. The Lenders shall not be obliged to make the Facility available to any of the Co-borrowers for the first drawdown unless it is in receipt of the following: Loan Agreement

Related to Conditions for First Drawdown

  • Conditions for Advance and Conditions to Closing Section 7.1

  • Conditions for Issuance In addition to being subject to the satisfaction of the conditions contained in Sections 4.1 and 4.2, the obligation of an Issuer to issue any Facility Letter of Credit is subject to the satisfaction in full of the following conditions:

  • Terms of Repayment Principal of and interest on this Note shall be paid by the Borrower as follows:

  • Conditions for Closing 5.1. Conditions for the Company to Satisfy. The several obligations of each Purchaser to purchase its respective Note and Warrant as contemplated by this Agreement is subject to satisfaction of the following contingencies at or prior to Closing:

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • 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 PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!