Common use of Conditions Precedent to First Advance Clause in Contracts

Conditions Precedent to First Advance. The Lenders shall have no obligation to make the first Advance to the Borrower hereunder unless at the time of making such Advance the following terms and conditions shall have been satisfied, in each case to the satisfaction of the Agent and the Lenders in their sole discretion:

Appears in 2 contracts

Samples: Credit Agreement (Merus Labs International Inc.), Credit Agreement (Merus Labs International Inc.)

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Conditions Precedent to First Advance. The Lenders shall have no obligation to make the first Advance to the Borrower hereunder under Facility A unless at the time of making such Advance all of the following terms and conditions shall have been satisfied, in each case to the satisfaction of the Agent and the Lenders in their sole discretion:

Appears in 2 contracts

Samples: Credit Agreement (Village Farms International, Inc.), Credit Agreement

Conditions Precedent to First Advance. The Lenders shall have no obligation to make the first Advance to the Borrower hereunder under any Facility unless at the time of making such Advance all of the following terms and conditions shall have been satisfied, in each case to the satisfaction of the Agent and the Lenders in their sole discretion:

Appears in 2 contracts

Samples: Credit Agreement (Organigram Holdings Inc.), Credit Agreement (Organigram Holdings Inc.)

Conditions Precedent to First Advance. The Lenders shall have no obligation to make the first Advance to under the Borrower hereunder Facilities unless at the time of making such Advance and until the following terms and conditions shall have been satisfied, in each case to the satisfaction of the Agent and the Lenders in their sole discretionLenders:

Appears in 1 contract

Samples: Credit Agreement (Motorcar Parts America Inc)

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Conditions Precedent to First Advance. The Lenders shall have no obligation to make the first Advance to under the Borrower hereunder Facilities unless at the time of making such Advance the following terms and conditions shall have been satisfied, in each case to the satisfaction of the Agent and the Lenders in their sole discretion:

Appears in 1 contract

Samples: Agreement (Tucows Inc /Pa/)

Conditions Precedent to First Advance. The Lenders shall have no obligation to make the first Advance to the Borrower hereunder under any Facility unless at the time of making such Advance all of the following terms and conditions shall have been satisfied, in each case to the satisfaction of the Agent and the Lenders in their sole discretion:

Appears in 1 contract

Samples: Credit Agreement (Aurora Cannabis Inc)

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