Common use of Conditions Precedent to Initial Advance Clause in Contracts

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank will not make the initial Advance under the Loan unless and until the following conditions shall have been satisfied:

Appears in 8 contracts

Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Non Revolving Credit Agreement (Unilife Corp)

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Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank will not make the initial Advance under the either Loan unless and until the following conditions shall have been satisfied:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (SFBC International Inc), Revolving Credit and Security Agreement (SFBC International Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, the Bank will not make the initial Advance under the Loan Loans unless and until the following conditions shall have been satisfied:

Appears in 2 contracts

Samples: Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp), Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank Lender will not make the initial Advance under the Revolving Loan unless and until the following conditions shall have been satisfied:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Corgenix Medical Corp/Co), Loan and Security Agreement (Cpac Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, the Bank will not make the initial Advance under the Revolving Loan unless and until the following conditions shall have been satisfied:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc), Revolving Credit and Security Agreement (Advanced Communication Systems Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank Lender will not make the initial Advance under the Loan unless and until the following conditions shall have been satisfied:

Appears in 2 contracts

Samples: Revolving Credit, Equipment Loan and Security Agreement (Transact Technologies Inc), Revolving Credit and Security Agreement (Transact Technologies Inc)

Conditions Precedent to Initial Advance. In addition to any other --------------------------------------- requirement set forth in this Agreement, Bank will not make the initial Advance under the Loan unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Pra International Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, the Bank will not make the initial Initial Advance under the Loan Loans unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Credit and Security Agreement (Prestige Cosmetics Corp)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank will not make the Term Loan or the initial Advance under the Revolving Loan unless and until the following conditions shall have been satisfiedsatisfied in the sole reasonable opinion of Bank and its counsel:

Appears in 1 contract

Samples: Revolving and Term Loan Credit Agreement (Farrel Corp)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank will not make the initial an Advance under the $7,000,000.00 Revolving Loan unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Home Diagnostics Inc)

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Conditions Precedent to Initial Advance. In addition to any other --------------------------------------- requirement set forth in this Agreement, Bank will not make the initial Advance under the Loan Loans unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, each Bank will not make the initial Advance under the its Revolving Loan unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Video Display Corp)

Conditions Precedent to Initial Advance. In addition to any --------------------------------------- other requirement set forth in this Agreement, Bank will not make the initial Advance under the Loan unless and until the following conditions shall have been satisfied, in the sole opinion of Bank and its counsel:

Appears in 1 contract

Samples: Loan Agreement (Health Management Associates Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank Banks will not make the initial Advance under the Loan unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Sri Surgical Express Inc)

Conditions Precedent to Initial Advance. In addition to any other requirement set forth in this Agreement, Bank will not make the initial Advance under the its Revolving Loan unless and until the following conditions shall have been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Video Display Corp)

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