Common use of Conditions of Loans Clause in Contracts

Conditions of Loans. 3.1 Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires.

Appears in 4 contracts

Samples: Loan Agreement (Premier Laser Systems Inc), Loan Modification Agreement (Atroad Inc), Loan and Security Agreement (Synplicity Inc)

AutoNDA by SimpleDocs

Conditions of Loans. 3.1 Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requiresrequires and Bank's completion of a Collateral audit with results acceptable to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Zefer Corp)

AutoNDA by SimpleDocs

Conditions of Loans. 3.1 Conditions Precedent to Initial Advance. Bank's obligation to make the initial Advance is subject to the condition precedent that it receive the agreements, documents and fees it requires.. Bank's completion of a satisfactory accounts receivable audit. 5

Appears in 1 contract

Samples: Loan and Security Agreement (Orthologic Corp)

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