Conditions of Initial Term Loans Sample Clauses

Conditions of Initial Term Loans. The effectiveness of this Agreement and the obligation of each Purchaser to purchase Notes evidencing the Initial Term Loan hereunder on the Original Closing Date is subject to satisfaction of the following conditions:
AutoNDA by SimpleDocs
Conditions of Initial Term Loans. The obligation of each Lender to make its Initial Term Loan on the Effective Date is subject to satisfaction (to the extent not waived by such Lender) of the following conditions precedent:
Conditions of Initial Term Loans. The effectiveness of this Agreement is subject to satisfaction of the following conditions precedent:
Conditions of Initial Term Loans. 29 Section 3.01.Initial Term Loan A. 29 Section 3.02.Initial Term Loan B. 31 ARTICLE IV. WARRANT 32 Section 4.01.Warrant to Purchase Shares 32 ARTICLE V. COLLATERAL 33 Section 0.00.Xxxxxxxx Interest in Collateral 33 ARTICLE VI. REPRESENTATIONS AND WARRANTIES 33 Section 6.01.Existence, Qualification and Power 33 Section 6.02.Authorization; No Contravention 33 Section 6.03.Governmental Authorization; Other Consents 33 Section 6.04.Binding Effect 33 Section 0.00.Xxxxxxxxx Statements; No Material Adverse Effect 33 Section 6.06.Litigation 34 Section 0.00.Xx Default 34 Section 6.08.Ownership of Property; Liens 34 Section 6.09.Environmental Compliance 34 Section 0.00.Xxxxxxxxx 34 Section 6.11.Taxes 34 Section 6.12.ERISA Compliance 35 Section 6.13.Subsidiaries; Equity Interests 35 Section 6.14.Margin Regulations; Investment Company Act 36 Section 6.15.Disclosure 36 Section 6.16.Compliance with Laws 36 Section 6.17.Intellectual Property 36 Section 6.18.Rights in Collateral; Priority of Liens 37 Section 6.19.Solvency 37 Section 0.00.Xxxxxxxx Locations; Taxpayer Identification Number 37 Section 6.21.Collateral 38 Section 6.22.Patriot Act; Sanctions; Export Controls; FCPA 38 ARTICLE VII. AFFIRMATIVE COVENANTS 39 Section 7.01.Compliance with Laws 39 Section 0.00.Xxxxxxxxx Statements 39 Section 7.03.Certificates; Other Information 40 Section 7.04.Notices 41 Section 7.05.Payment of Obligations 42 Section 7.06.Books and Records 42 Section 7.07.Inspection Rights 42 Section 7.08.Litigation Cooperation 42 Section 7.09.Use of Proceeds 42 Section 7.10.Preservation of Existence, Etc 43 Section 7.11.Maintenance of Properties 43 Section 7.12.Formation or Acquisition of Subsidiaries 43 Section 0.00.Xxxxxxxxx 43 Section 7.14.Further Assurances 43
Conditions of Initial Term Loans 

Related to Conditions of Initial Term Loans

  • Conditions of Initial Credit Extension The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent:

  • CONDITIONS TO ALL BORROWINGS The obligations of the Lenders to make any Loan or issue any Letter of Credit, whether on or after the Closing Date, shall also be subject to the satisfaction of the following conditions precedent:

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