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 and Security Agreement (Unilife 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 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), 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 either Loan unless and until the following conditions shall have been satisfied:
Appears in 2 contracts
Samples: Credit and Security Agreement (SFBC International Inc), 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: And Security Agreement (Continucare Corp), Credit Facility and Security Agreement (Continucare Corp)
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), 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 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, 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: Letter Agreement (Health Management Associates Inc)
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
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, 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: 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 Advance under the a disbursement of any portion of any Loan unless and until the following conditions shall have been satisfied:
Appears in 1 contract
Samples: Credit and Security Agreement (Able Telcom Holding Corp)
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
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: Loan Credit Agreement (Farrel Corp)
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, 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 initial Advance under the its Revolving Loan unless and until the following conditions shall have been satisfied:
Appears in 1 contract
