Common use of Conditions Precedent to Advances Clause in Contracts

Conditions Precedent to Advances. Notwithstanding any other provision of this Agreement or the Other Agreements and without affecting in any manner the rights of Lender under this Agreement, it is understood and agreed that Lender shall have no obligation to make any advance under this Agreement unless and until the following conditions have been, and continue to be, satisfied, all in form and substance reasonably satisfactory to Lender and its counsel:

Appears in 4 contracts

Samples: Loan Agreement (Superior Uniform Group Inc), Loan Agreement (Superior Uniform Group Inc), Loan Agreement (Superior Uniform Group Inc)

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Conditions Precedent to Advances. Notwithstanding any other provision of this Agreement or the Other Agreements and without affecting in any manner the rights of Lender under this Agreement, it is understood and agreed that Lender shall have no obligation to make any advance under this Agreement unless and until the following conditions have been, and continue to be, satisfied, all in form and substance reasonably satisfactory to Lender and its counsel:

Appears in 3 contracts

Samples: Credit and Security Agreement (Unilens Vision Inc), Credit and Security Agreement (Unilens Vision Inc), Credit and Security Agreement (Unilens Vision Inc)

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