Common use of Conditions Precedent to Drawdown of the Loan Clause in Contracts

Conditions Precedent to Drawdown of the Loan. The obligation of the Lender to make the Loan available to the Borrower under this Agreement shall be expressly subject to the following conditions precedent:

Appears in 2 contracts

Samples: Teekay Shipping Corp, Teekay Shipping Corp

AutoNDA by SimpleDocs

Conditions Precedent to Drawdown of the Loan. The obligation of the Lender Lenders to make the Loan available to the Borrower under this Agreement shall be expressly subject to the following conditions precedent:

Appears in 2 contracts

Samples: Loan Agreement (Omi Corp/M I), Consent and Agreement (Omi Corp/M I)

Conditions Precedent to Drawdown of the Loan. The obligation of the Lender to make the Loan available to the Borrower Borrowers under this Agreement shall be expressly subject to the following conditions precedent:

Appears in 1 contract

Samples: Teekay Shipping Corp

AutoNDA by SimpleDocs

Conditions Precedent to Drawdown of the Loan. The obligation of the Lender Lenders to make the Loan available to the Borrower Borrowers under this Agreement shall be expressly subject to the following conditions precedent:

Appears in 1 contract

Samples: Agreement (Teekay Shipping Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.