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

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 9 contracts

Samples: Line of Credit Agreement (Allen Test Co Inc & Point Release Test 10/08/01), Line of Credit Agreement (Power Efficiency Corp), Line of Credit Agreement (Syntel Inc)

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Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 8 contracts

Samples: Credit Authorization Agreement (Bixby Carl L), Credit Authorization Agreement (Interface Systems Inc), Credit Agreement (Made2manage Systems Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 6 contracts

Samples: Credit Agreement (Cavco Industries Inc), Credit Agreement (Taser International Inc), Credit Agreement (Taser International Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit governed by this agreement and any initial advance under this agreementany of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the BankProper Form:

Appears in 4 contracts

Samples: Credit Agreement (Plains Capital Corp), Credit Agreement (First Busey Corp /Nv/), Credit Agreement (United Western Bancorp Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a any loan, issuance of a any letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the BankProper Form:

Appears in 3 contracts

Samples: Credit Agreement (Clarkston Financial Corp), Credit Agreement (Park National Corp /Oh/), Credit Agreement (Wesbanco Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, . whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Interphase Corp)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Line of Credit Agreement (American Dental Technologies Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:: A.

Appears in 1 contract

Samples: Credit Agreement (Syntel Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by the disbursement of a loanan Advance, the issuance of a letter Letter of credit, the funding of a Lease Credit or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Authorization Agreement (Complete Business Solutions Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:;

Appears in 1 contract

Samples: Credit Authorization Agreement (Northern Radio Network Corp)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreementAgreement (which, for the avoidance of doubt, does not include the Term Loan which was extended on the Closing Date), whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower Credit Parties shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Greenwood Hall, Inc.)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:: 2 A.

Appears in 1 contract

Samples: Credit Authorization Agreement (Syntel Inc)

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Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, . whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:: 2

Appears in 1 contract

Samples: Credit Authorization Agreement (National Techteam Inc /De/)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance to satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Authorization Agreement (Michigan Community Bancorp LTD)

Conditions Precedent to Initial Extension of Credit. under the Credit Facility. Before the first extension of credit governed by this agreement and any initial advance under this agreementthe Credit Facility, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Harmonic Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease credit or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Authorization Agreement (Complete Business Solutions Inc)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the BankProper Form:

Appears in 1 contract

Samples: Credit Agreement (Main Street Trust Inc)

Conditions Precedent to Initial Extension of Credit. Before the me first extension of credit under governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:;

Appears in 1 contract

Samples: Credit Agreement (Ari Network Services Inc /Wi)

Conditions Precedent to Initial Extension of Credit. Before the first extension of credit governed by this agreement and any initial advance under this agreementany of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, the funding of a Lease or otherwise, the Borrower shall deliver to the Bank, Bank in form and substance satisfactory to the Bank:Proper Form: A.

Appears in 1 contract

Samples: Credit Agreement (Wesbanco Inc)

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