Common use of Conditions Precedent to Initial Funding Clause in Contracts

Conditions Precedent to Initial Funding. The obligation of CIT to make the initial loans and to assist the Companies in obtaining initial Letters of Credit hereunder, immediately prior to or concurrently with the making of such loans or the issuance of such Letters of Credit, is subject to the satisfaction or waiver in writing by CIT of the following conditions precedent:

Appears in 2 contracts

Samples: Financing Agreement (Crown Crafts Inc), Financing Agreement (Ronson Corp)

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Conditions Precedent to Initial Funding. The obligation of CIT to make the initial loans and to assist the Companies in obtaining initial Letters of Credit hereunder, immediately prior to or concurrently with the making of such loans or the issuance of such Letters of Creditloans, is subject to the satisfaction or waiver in writing by CIT of the following conditions precedent:

Appears in 1 contract

Samples: Financing Agreement (Ascendia Brands, Inc.)

Conditions Precedent to Initial Funding. The obligation of CIT to make the initial loans and to assist the Companies Company in obtaining initial Letters of Credit hereunder, immediately prior to or concurrently with the making of such loans or the issuance of such Letters of Credit, is subject to the satisfaction or waiver in writing by CIT of the following conditions precedent:

Appears in 1 contract

Samples: Financing Agreement (Pizza Inn Inc /Mo/)

Conditions Precedent to Initial Funding. The obligation of CIT to make the initial loans and to assist the Companies Company in obtaining initial Letters of Credit hereunder, immediately prior to or concurrently with the making of such loans or the issuance of such Letters of Credit, is subject to the satisfaction or waiver in writing by CIT of the following conditions precedent:

Appears in 1 contract

Samples: Financing Agreement (Rentech Inc /Co/)

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Conditions Precedent to Initial Funding. The obligation of CIT to make the initial loans and Loans to assist the Companies in obtaining initial Letters of Credit hereunder, immediately prior to or concurrently with the making of such loans or the issuance of such Letters of Credit, Debtor is subject to the satisfaction or waiver in writing by CIT of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Redpoint Bio CORP)

Conditions Precedent to Initial Funding. The obligation of CIT to make the initial loans and to assist the Companies Company in obtaining initial Letters of Credit hereunderhereunder is subject to the satisfaction of, extension of or waiver in writing of, immediately prior to or concurrently with the making of such loans or the issuance of such Letters of Credit, is subject to the satisfaction or waiver in writing by CIT of the following conditions precedent:

Appears in 1 contract

Samples: Financing Agreement (Barry R G Corp /Oh/)

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