Common use of Conditions Precedent to Initial Loan Clause in Contracts

Conditions Precedent to Initial Loan. The obligation of Lender to make the initial Loan to Borrower under this Agreement on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent (in form, substance and action as is satisfactory to Lender, in its sole discretion):

Appears in 2 contracts

Samples: Senior Credit Agreement (Streamline Health Solutions Inc.), Senior Credit Agreement (Streamline Health Solutions Inc.)

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Conditions Precedent to Initial Loan. The obligation of Lender to make the initial Loan to Borrower under this Agreement on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent (in form, substance and action as is satisfactory to Lender, in its sole discretion):

Appears in 1 contract

Samples: Subordinated Credit Agreement (Streamline Health Solutions Inc.)

Conditions Precedent to Initial Loan. The obligation of ------------------------------------ Lender to make the initial Loan to Borrower under this Agreement on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent (in form, substance and action as is satisfactory to Lender, in its sole discretion):

Appears in 1 contract

Samples: Revolving Credit Agreement (Senetek PLC /Eng/)

Conditions Precedent to Initial Loan. The obligation of Lender to make the initial Loan to Borrower under this Agreement on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent (in form, substance and action as is satisfactory to Lender, in its sole discretion):

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Dpac Technologies Corp)

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Conditions Precedent to Initial Loan. The obligation of Lender the Lenders to make the initial Loan Loans to Borrower under this Agreement on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent (in form, form and substance and action as is reasonably satisfactory to LenderAgent, in its sole discretion):

Appears in 1 contract

Samples: Credit Agreement (Us Home & Garden Inc)

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