Conditions Precedent to Disbursement at Closing. Prior to the disbursement of any of the proceeds of the Line of Credit to or for the account of Borrower at closing of the Line of Credit, and as a condition precedent to such disbursement, all of the conditions set forth below must be satisfied as determined by Lender, in Lender’ sole discretion.
Appears in 6 contracts
Samples: Line of Credit Agreement (Aptorum Group LTD), Line of Credit Agreement (Boxlight Corp), Line of Credit Agreement (Boxlight Corp)
Conditions Precedent to Disbursement at Closing. Prior to the disbursement of any of the proceeds of Advances under the Line of Credit to or for the account of the Borrower at closing on the Closing Date of the Line of Credit, and as a condition precedent to such disbursement, all of the conditions set forth below in this Section 3.1 must be satisfied as determined by Lender, in Lender’ sole discretionsatisfied.
Appears in 2 contracts
Samples: Line of Credit Agreement (Lucy Scientific Discovery, Inc.), Line of Credit Agreement (Lucy Scientific Discovery, Inc.)
Conditions Precedent to Disbursement at Closing. Prior to the disbursement of any of the proceeds of the Line of Credit to or for the account of Borrower at closing of the Line of Credit, and as a condition precedent to such disbursement, all of the conditions set forth below must be satisfied as determined by Lender, in Lender’ ’s sole discretion.
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Conditions Precedent to Disbursement at Closing. Prior to the disbursement of any of the proceeds of the Line of Credit to or for the account of Borrower at closing of the Line of Credit, and as a condition precedent to such disbursement, all of the conditions set forth below must be satisfied as determined by LenderXxxxxx, in Lender’ Xxxxxx’s sole discretion.
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