Common use of Conditions Precedent to All Revolving Loans Clause in Contracts

Conditions Precedent to All Revolving Loans. The obligation of the Lender to make any Revolving Loan hereunder shall be subject to the satisfaction and the continued satisfaction of the following conditions precedent: (a) On or prior to the date hereof, the Borrower shall have executed and delivered to the Lender this Agreement, the Revolving Note, the Mortgage, the Security Agreement, and all other documents required by this Agreement, all in form and substance and in such number of counterparts as may be required by the Lender; (b) On or prior to the date hereof, the Guarantor shall have executed and delivered to the Lender this Agreement, the Guaranty, and all other documents required by this Agreement, all in form and substance and in such number of counterparts as may be required by the Lender; (c) The representations, warranties, and covenants of the Borrower as set forth in this Agreement, or in any Related Document furnished to the Lender in connection herewith, shall be and remain true and correct as of such date (except to the extent specifically limited to a specified date); (d) On or prior to the date hereof, the Lender shall have received a favorable legal opinion of counsel to the Borrower and the Guarantor covering the transactions contemplated by this Agreement, in form, scope and substance satisfactory to the Lender;

Conditions Precedent to All Revolving Loans. The obligation of the Lender Bank to make any Revolving Loan hereunder shall be subject to the satisfaction and the continued satisfaction of the following conditions precedent: (a) On or prior to the date hereof, the The Borrower shall have executed and delivered to the Lender Bank this Agreement, the Revolving Note, the Mortgage, the Security AgreementPledge, and all other documents required by this Agreement, and the Guarantor shall have executed and delivered to the Bank the Guaranty, all in form and substance and in such number of counterparts as may be required by the LenderBank; (b) On or prior to the date hereof, the Guarantor shall have executed and delivered to the Lender this Agreement, the Guaranty, and all other documents required by this Agreement, all in form and substance and in such number of counterparts as may be required by the Lender; (c) The representations, warranties, and covenants of the Borrower and the Guarantor as set forth in this Agreement, or in any Related Document furnished to the Lender Bank in connection herewith, shall be and remain true and correct as of such date (except to the extent specifically limited to a specified date)correct; (dc) On or prior to the date hereof, the Lender The Bank shall have received a favorable legal opinion of counsel to the Borrower and the Guarantor covering the transactions contemplated by this Agreement, in form, scope and substance satisfactory to the LenderBank; (d) The Bank shall have received certified resolutions of the Borrower and Guarantor authorizing the execution of all documents and instruments contemplated by this Agreement;

Conditions Precedent to All Revolving Loans. The obligation of the Lender Lenders to make any Revolving Loan hereunder shall be subject to the satisfaction and the continued satisfaction of the following conditions precedent: (a) On or prior to the date hereof, the The Borrower shall have executed and delivered to the Lender Administrative Agent this Agreement, the Revolving NoteNotes, the Mortgage, the Security AgreementPledge, and all other documents required by this Agreement, and the Guarantor shall have executed and delivered to the Administrative Agent the Guaranty and this Agreement, all in form and substance and in such number of counterparts as may be required by the LenderAdministrative Agent; (b) On or prior to the date hereof, the Guarantor shall have executed and delivered to the Lender this Agreement, the Guaranty, and all other documents required by this Agreement, all in form and substance and in such number of counterparts as may be required by the Lender; (c) The representations, warranties, and covenants of the Borrower and the Guarantor as set forth in this Agreement, or in any Related Document furnished to the Administrative Agent and/or any Lender in connection herewith, shall be and remain true and correct as of such date (except to the extent specifically limited to a specified date)correct; (dc) On or prior to the date hereof, the Lender The Administrative Agent shall have received a favorable legal opinion of counsel to the Borrower and the Guarantor covering the transactions contemplated by this Agreement, in form, scope and substance satisfactory to the LenderAdministrative Agent; (d) The Administrative Agent shall have received certified resolutions of the Borrower and Guarantor authorizing the execution of all documents and instruments contemplated by this Agreement;