Conditions Precedent to Borrowing. Prior to any Advance, the following conditions shall have been satisfied, in the sole opinion of Bank and its counsel:
Appears in 9 contracts
Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Non Revolving Credit Agreement (Unilife Corp)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:
Appears in 4 contracts
Samples: Revolving Credit and Security Agreement (Advanced Communication Systems Inc), Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of Bank the Lender and its counsel:: 42.1
Appears in 3 contracts
Samples: Share Purchase Agreement (Welty W R), Share Purchase Agreement (American Dream International LTD), Share Purchase Agreement (Vector Aeromotive Corp)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:;
Appears in 2 contracts
Samples: Line of Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc)
Conditions Precedent to Borrowing. Prior to any Advance, the following --------------------------------- conditions shall have been satisfied, in the sole opinion of Bank and its counsel:
Appears in 2 contracts
Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc), Revolving Credit and Security Agreement (Pra International Inc)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of Bank the Lender and its counsel:
Appears in 1 contract
Samples: Loan and Security Agreement (Vector Aeromotive Corp)
Conditions Precedent to Borrowing. Prior to any Advance, the following conditions shall have been satisfied, in the sole opinion of Bank and its counselcounsel or waived by Bank in writing:
Appears in 1 contract
Samples: Revolving and Term Credit and Security Agreement (Aerosonic Corp /De/)
Conditions Precedent to Borrowing. Prior to any Advance, the following conditions shall have been satisfied, in the sole opinion of each Bank and its counsel:
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Sri Surgical Express Inc)
Conditions Precedent to Borrowing. Prior to any AdvanceAdvance of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole reasonable opinion of the Bank and its counsel:
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc)
Conditions Precedent to Borrowing. Prior to any Advancedisbursement of the proceeds of any Loan, the following conditions shall have been satisfied, in the sole opinion of the Bank and its counsel:
Appears in 1 contract
Samples: Term Loan, Revolving Credit and Security Agreement (Able Telcom Holding Corp)
