Conditions Precedent to Initial Loans. In addition to any other requirement set forth in this Agreement, Lender shall not be required to fund any Loan or make any other extensions of credit hereunder unless and until the following conditions shall have been satisfied, in the sole opinion of Lender and its counsel:
Appears in 4 contracts
Samples: Loan and Security Agreement (Englobal Corp), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc)
Conditions Precedent to Initial Loans. In addition to any other requirement set forth in this Agreement, Lender Bank shall not be required to fund any Loan or make any other extensions extension of credit hereunder unless and until the following conditions shall have been satisfied, in the sole opinion of Lender Bank and its counsel:
Appears in 2 contracts
Samples: Loan and Security Agreement (JPS Industries Inc), Loan and Security Agreement (Adams Golf Inc)
Conditions Precedent to Initial Loans. In addition to any other requirement set forth in this Agreement, Lender shall not be required to fund any Loan or make issue any other extensions Letter of credit Credit hereunder unless and until the following conditions shall have been satisfied, in the sole opinion of Lender and its legal counsel:
Appears in 1 contract
