Conditions Precedent to Each Purchase. Each Purchase (including the initial Purchase) from the Issuer shall be subject to the further conditions precedent: (a) the Deal Agents shall have received a Funding Notice (along with a Series 2000-1 Borrowing Base Report) no later than 3:00 p.m. (Eastern time) on the second Business Day immediately prior to the date of such Purchase, (b) on the date of such Purchase the following statements shall be true and the Issuer by accepting the amount of such Purchase shall be deemed to have certified that:
Appears in 2 contracts
Samples: Note Purchase Agreement (MCG Capital Corp), Note Purchase Agreement (MCG Capital Corp)
Conditions Precedent to Each Purchase. Each Purchase (including the initial Purchase) from the Issuer shall be subject to the further conditions precedent: (a) the Deal Agents shall have received a Funding Notice (along with a Series 2000-1 Borrowing Base Report) no later than 3:00 p.m. (Eastern time) on the second Business Day immediately prior to the date of such Purchase, (b) on the date of such Purchase the following statements shall be true and the Issuer by accepting the amount of such Purchase shall be deemed to have certified that:
Appears in 2 contracts
Samples: Note Purchase Agreement (First International Bancorp Inc), Note Purchase Agreement (First International Bancorp Inc)
