Conditions of the Initial Loans. Subject to the terms hereof, the obligation of Lender to make the first Revolving Loan under this Agreement is subject to the fulfillment of the following conditions precedent at the time of the execution of this Agreement:
Appears in 4 contracts
Samples: Loan and Security Agreement (Saztec International Inc), Netplex Systems Inc, Netplex Group Inc
Conditions of the Initial Loans. Subject to the terms hereof, the obligation of Lender to make the first Revolving Loan and the Demand Loan under this Agreement is subject to the fulfillment of the following conditions precedent at the time of the execution of this Agreement:
Appears in 1 contract
Samples: Loan and Security Agreement (Industrial Technologies Inc)
Conditions of the Initial Loans. Subject to the terms hereof, the obligation of Lender to make the first Revolving Loan and the Additional Loan under this Agreement is subject to the fulfillment of the following conditions precedent at the time of the execution of this Agreement:
Appears in 1 contract
Samples: Loan and Security Agreement (Cycomm International Inc)
