Conditions Precedent to Delayed Draw Term Loans. Each Lender’s obligation to make a Delayed Draw Term Loan hereunder on any Delayed Draw Funding Date is subject to conditions precedent that (i) no Default or Event of Default has occurred and is continuing and (ii) Agent and the Lenders shall have received, in form and substance reasonably satisfactory to Agent and each Lender, each of the following:
Appears in 3 contracts
Samples: Loan, Guaranty and Security Agreement (Terawulf Inc.), Loan, Guaranty and Security Agreement (Terawulf Inc.), Loan Agreement (Terawulf Inc.)
Conditions Precedent to Delayed Draw Term Loans. Each Lender’s The obligation of any Agent or any Lender to make a any Delayed Draw Term Loan hereunder on any Delayed Draw Funding after the Effective Date is subject to conditions precedent that (i) no Default or Event of Default has occurred and is continuing and (ii) Agent and the Lenders shall have receivedfulfillment, in form and substance a manner reasonably satisfactory to Agent and each Lenderthe Administrative Agent, of each of the followingfollowing conditions precedent:
Appears in 3 contracts
Samples: Financing Agreement (Angie's List, Inc.), Financing Agreement (Angie's List, Inc.), Financing Agreement (Lifevantage Corp)
