Common use of Conditions Precedent to Initial Loan Clause in Contracts

Conditions Precedent to Initial Loan. The obligation of Bank to make the initial Loan is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

Appears in 5 contracts

Samples: August 1999 Loan Modification Agreement (Imanage Inc), Loan and Security Agreement (Imanage Inc), Loan and Security Agreement (Imanage Inc)

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Conditions Precedent to Initial Loan. The obligation of the Bank to ------------------------------------ make the its initial Loan is subject to the condition precedent that the Bank shall have received, in form and substance satisfactory to Bankthe Bank and its counsel, the following:

Appears in 3 contracts

Samples: Credit Agreement (Excel Switching Corp), Credit Agreement (Excel Switching Corp), Credit Agreement (Excel Inc)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the its initial Loan is subject to the condition precedent that the Bank shall have received, in form and substance satisfactory to Bankthe Bank and its counsel, the following:

Appears in 3 contracts

Samples: Credit Agreement (Financial Institutions Inc), Revolving Credit Agreement (First Empire State Corp), Back Bay Restaurant Group Inc

Conditions Precedent to Initial Loan. The obligation of the Bank to make the initial Loan to the Borrower is subject to the condition precedent that the Bank shall have receivedreceived on or before the day of such Loan each of the following, in form and substance satisfactory to Bank, the followingBank and its counsel:

Appears in 2 contracts

Samples: Credit, Security and Pledge Agreement (Allied Capital Lending Corp), Line of Credit, Security and Pledge Agreement (Allied Capital Lending Corp)

Conditions Precedent to Initial Loan. The obligation ------------------------------------ of the Bank to make the its initial Loan is subject to the condition conditions precedent that Bank shall have received, in form and substance satisfactory to Bank, the followingthat:

Appears in 2 contracts

Samples: Credit Agreement (Southwest Water Co), Credit Agreement (Southwest Water Co)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the initial Loan to the Borrower is subject to the condition conditions precedent that the Bank shall have receivedreceived on or before the day of such Loan each of the following, in form and substance satisfactory to Bank, the followingBank and its counsel:

Appears in 2 contracts

Samples: Credit Agreement (Alliance Semiconductor Corp /De/), Credit Agreement (Alliance Semiconductor Corp /De/)

Conditions Precedent to Initial Loan. The obligation effectiveness of this Agreement and obligations of Bank to make the any initial Loan is are subject to the condition precedent that Bank shall have receivedreceived all the following, in form and substance satisfactory to Bank, the following:

Appears in 2 contracts

Samples: Credit Agreement (Fitlife Brands, Inc.), Credit Agreement (Fitlife Brands, Inc.)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the initial Loan to the Borrower is subject to the condition precedent that Bank shall have receivedhaving received on or before the day of the initial Loan each of the following, in form and substance satisfactory to the Bank, the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Greg Manning Auctions Inc)

Conditions Precedent to Initial Loan. The obligation of Bank to make the its initial Loan hereunder is subject to the condition precedent fulfillment, to the satisfaction of Bank and its counsel, of each of the following conditions, to the extent that Bank shall have received, in form and substance satisfactory to Bank, such conditions were not satisfied under the followingPrior Agreement:

Appears in 1 contract

Samples: Credit Agreement (Diodes Inc /Del/)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the initial Loan Loans is subject to the condition precedent that the Bank shall have received, in form and substance satisfactory to Bankthe Bank and its counsel, the following:

Appears in 1 contract

Samples: Loan Agreement (Image Guided Technologies Inc)

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Conditions Precedent to Initial Loan. The obligation of Bank the Banks to make the initial Loan and to issue the first Letter of Credit hereunder is subject to the condition precedent that Bank the Banks shall have received, in form and substance satisfactory to Bankthe Banks and their respective counsel, the following:

Appears in 1 contract

Samples: Credit Agreement (Network Peripherals Inc)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the its initial Loan to the Borrower is subject to the condition conditions precedent that the Bank shall have receivedreceived on or before the day of such Loan each of the following, in form and substance satisfactory to Bank, the followingBank and its counsel:

Appears in 1 contract

Samples: Revolving Credit Agreement (Americas Carmart Inc)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the initial Initial Loan is subject to the condition precedent that the Bank shall have receivedreceived on or before the Closing Date each of the following documents, in form and substance satisfactory to Bankthe Bank and its counsel, and each of the followingfollowing requirements shall have been fulfilled:

Appears in 1 contract

Samples: Loan and Security Agreement (Imc Mortgage Co)

Conditions Precedent to Initial Loan. The obligation of the Bank to ------------------------------------ make the its initial Loan is subject to the condition precedent that the Bank shall have received, in form and substance reasonably satisfactory to Bankthe Bank and its counsel, the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Ameriquest Technologies Inc)

Conditions Precedent to Initial Loan. The occurrence of the Effective Date, and the obligation of the Bank to make the its initial Loan is subject to the condition precedent that the Bank shall have received, in form and substance satisfactory to Bankthe Bank and its counsel, the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Essex County Gas Company)

Conditions Precedent to Initial Loan. The obligation of the Bank to make the initial Loan and all advances contemplated hereunder to the Borrower is subject to the condition precedent that Bank shall have receivedBank's receipt of the following, satisfactory in form and substance satisfactory to Bank, the followingit and its counsel:

Appears in 1 contract

Samples: Revolving Credit Agreement (CVD Equipment Corp)

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