Common use of CONDITIONS PRECEDENT TO EACH ADVANCE Clause in Contracts

CONDITIONS PRECEDENT TO EACH ADVANCE. No Advance will be required to be made or renewed by IBM Credit under this Agreement unless, on and as of the date of such Advance, the following statements shall be true to the satisfaction of IBM Credit:

Appears in 17 contracts

Samples: Financing Agreement (Multiple Zones Inc), Financing Agreement (Datatec Systems Inc), Financing Agreement (Datatec Systems Inc)

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CONDITIONS PRECEDENT TO EACH ADVANCE. No Advance will be required to be made or renewed by IBM Credit under this Agreement unless, on and as of the date of such Advance, the following statements shall be true to the satisfaction of IBM Credit:;

Appears in 3 contracts

Samples: Financing Agreement (Litronic Inc), Capital Financing Agreement (Litronic Inc), Financing Agreement (Litronic Inc)

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CONDITIONS PRECEDENT TO EACH ADVANCE. No Advance will be required to be made or renewed by IBM Credit under this Agreement regardless of any communication theretofore given to any Customer or its supplier unless, on and as of the date of such Advance, the following statements shall be true to the satisfaction of IBM Credit:

Appears in 1 contract

Samples: Agreement for Inventory Financing (Pc Connection Inc)

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