Common use of Conditions Precedent to Initial Loans Clause in Contracts

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)

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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 (Adams Golf Inc), Loan and Security Agreement (JPS Industries Inc)

Conditions Precedent to Initial Loans. In addition to any other requirement the conditions set forth in this AgreementSection 6.2, Lender shall not be required to fund any Loan requested Loan, issue any Letter of Credit or make any other extensions otherwise extend credit to Borrowers hereunder, until each of credit hereunder unless and until the following conditions shall have has been satisfied, satisfied or waived in the sole opinion of a manner and pursuant to documentation satisfactory to Lender and in its counseldiscretion:

Appears in 1 contract

Samples: Loan Agreement (Par Pacific Holdings, 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

Samples: Loan Agreement (Sturm Ruger & Co Inc)

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Conditions Precedent to Initial Loans. In addition to Notwithstanding any other requirement set forth provision of this Agreement or any of the other Loan Documents, and without affecting in any manner the rights of Lender under the other sections of this Agreement, Lender shall not be required to fund any Loan requested by Borrower unless, on or make any other extensions before January 15, 2003, each of credit hereunder unless and until the following conditions shall have has been and continues to be satisfied, in the sole opinion of Lender and its counsel:

Appears in 1 contract

Samples: Loan and Security Agreement (Miltope Group Inc)

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