Conditions Precedent for the Benefit of the Lender. All conditions precedent to the obligations of the Lenders to make any advance is imposed hereby solely for the benefit of the Lenders, and no other Person may require satisfaction of any such condition precedent or be entitled to assume that the Lenders will refuse to make any advance in the absence of strict compliance with such conditions precedent.
Appears in 10 contracts
Samples: Credit Agreement (CrossPoint Energy CO), Credit Agreement (Petro Resources Corp), Credit Agreement (Crested Corp)
Conditions Precedent for the Benefit of the Lender. All conditions precedent to the obligations of the Lenders Lender to make any advance is Advance or Loan are imposed hereby solely for the benefit of the LendersLender, and no other Person may require satisfaction of any such condition precedent or be entitled to assume that the Lenders Lender will refuse to make any advance Advance or Loan in the absence of strict compliance with such conditions precedent.
Appears in 2 contracts
Samples: Credit Agreement (Alpine Summit Energy Partners, Inc.), Credit Agreement (Alpine Summit Energy Partners, Inc.)
