Common use of Conditions of Initial Advance Clause in Contracts

Conditions of Initial Advance. The obligation of the Lender to make the initial Advance is subject to the accuracy of each and every representation and warranty of the Borrower contained in this Agreement, and to the receipt of the following on or before the Closing Date:

Appears in 3 contracts

Samples: Security Agreement (Conrad Industries Inc), Loan Agreement (Conrad Industries Inc), Loan Agreement (Conrad Industries Inc)

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Conditions of Initial Advance. The obligation of the Lender to make the initial Advance is subject to the accuracy of each and every representation and warranty of the Borrower contained in this Agreement, and to the receipt of the following on or before the Closing Date:: (a)

Appears in 1 contract

Samples: Loan Agreement

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