Common use of Conditions of Initial Advance Clause in Contracts

Conditions of Initial Advance. The obligation of the Lender to make the initial Advance hereunder shall be subject to the prior or simultaneous fulfillment of each of the following conditions:

Appears in 4 contracts

Samples: Credit Agreement (Grand Toys International LTD), Credit Agreement (Efunds Corp), Credit Agreement (Hanover Direct Inc)

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Conditions of Initial Advance. The obligation of the Lender to make the initial Advance hereunder shall be subject to the prior or simultaneous fulfillment of each of the following conditionsconditions precedent:

Appears in 1 contract

Samples: Building Loan Agreement (Alterra Healthcare Corp)

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