Common use of Conditions Precedent to Initial Credit Extensions Clause in Contracts

Conditions Precedent to Initial Credit Extensions. Notwithstanding any other provision of this Agreement or any of the other Financing Documents, and without affecting in any manner the rights of Lender under other sections of this Agreement, Lender shall not be required to fund any Loan requested by Borrower, unless each of the following conditions has been and continues thereafter to be satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Health Systems Solutions Inc), Loan and Security Agreement (Health Systems Solutions Inc)

AutoNDA by SimpleDocs

Conditions Precedent to Initial Credit Extensions. Notwithstanding any other provision of this Agreement or any of the other DIP Financing Documents, and without affecting in any manner the rights of Lender under other sections of this Agreement, Lender shall not be required to fund any Loan requested by Borrower, unless each of the following conditions has been and continues thereafter to be satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Elandia, Inc.)

Conditions Precedent to Initial Credit Extensions. Notwithstanding any other provision of this Agreement or any of the other Financing Credit Documents, and without affecting in any manner the rights of Lender Agent and Lenders under the other sections of this Agreement, Lender Lenders shall not be required to fund any Revolver Loan requested by BorrowerBorrowers or to issue any Letter of Credit, unless unless, on or before January 24, 2003, each of the following conditions has been and continues thereafter to be satisfied:

Appears in 1 contract

Samples: Credit Agreement (Remington Arms Co Inc/)

Conditions Precedent to Initial Credit Extensions. Notwithstanding any other provision of this Agreement or any of the other DIP Financing Documents, and without affecting in any manner the rights of Lender Agent and Lenders under other sections of this Agreement, Lender Lenders shall not be required to fund any Loan requested by Borrower, unless unless, on or before October 11, 2000, each of the following conditions has been and continues thereafter to be satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Drypers Corp)

AutoNDA by SimpleDocs

Conditions Precedent to Initial Credit Extensions. Notwithstanding any other provision of this Agreement or any of the other Financing Loan Documents, and without affecting in any manner the rights of each Lender and Agent under the other sections of this Agreement, no Lender shall not be required to fund any Loan requested by Borrower, make the initial Revolving Credit Loans under this Agreement unless and until each of the following conditions has been and continues thereafter to be satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (United Natural Foods Inc)

Conditions Precedent to Initial Credit Extensions. Notwithstanding ------------------------------------------------- any other provision of this Agreement or any of the other DIP Financing Documents, and without affecting in any manner the rights of Lender Agent and Lenders under other sections of this Agreement, Lender Lenders shall not be required to fund any Revolver Loan requested by Borrower, procure any Letter of Credit or otherwise extend credit to Borrower, unless on or before July 7, 1999, each of the following conditions has been and continues thereafter to be satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!