Common use of Conditions Precedent to Initial Funding Clause in Contracts

Conditions Precedent to Initial Funding. The obligation of each Lender to make the initial Advance on the Closing Date is subject to the condition precedent that Agent shall have received, in form and substance satisfactory to Agent, or that Agent shall have waived in writing the requirement to receive such item, all of the following:

Appears in 2 contracts

Samples: Loan and Security Agreement (Urgent.ly Inc.), Loan and Security Agreement (Urgent.ly Inc.)

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Conditions Precedent to Initial Funding. The obligation of each Lender to make the initial Advance on the Closing Date Advance(s) is subject to the condition conditions precedent that Agent shall have received, in form and substance satisfactory to Agent, or that Agent shall have waived in writing the requirement to receive such item, all of the following:

Appears in 1 contract

Samples: Loan and Security Agreement (Grove Collaborative Holdings, Inc.)

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Conditions Precedent to Initial Funding. The So long as the Commitment Termination Date shall not have occurred, the obligation of each Lender to make the initial Initial Advance on the Closing Date is subject to the condition precedent that Agent shall have received, in form and substance satisfactory to Agent, or that Agent shall have waived in writing the requirement to receive such item, all of the following:

Appears in 1 contract

Samples: Loan and Security Agreement (Asure Software Inc)

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