Conditions Precedent to Initial Purchases Sample Clauses

Conditions Precedent to Initial Purchases. The initial purchase of Purchased Receivables under this Agreement is subject to the condition precedent that Buyer shall have received each of the following (with copies to KBC), on or before the date of such purchase, each in form and substance satisfactory to Buyer and KBC:
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Conditions Precedent to Initial Purchases. The initial purchases under the Existing Agreement on the Original Closing Date were conditioned upon the Buyer and the Agent (as the Buyer’s assignee) having received, on or before the Original Closing Date, the following, each (unless otherwise indicated) dated the Original Closing Date, and each in form and substance satisfactory to the Buyer and the Agent (as the Buyer’s assignee):
Conditions Precedent to Initial Purchases. The ----------------------------------------- following conditions must be satisfied before the Purchaser will consider making an Initial Purchase:
Conditions Precedent to Initial Purchases. The initial purchases hereunder on the Amendment Effective Date shall be conditional upon the Buyer and the Agent (as the Buyer’s assignee) having received, on or before the Amendment Effective Date, the following, each (unless otherwise indicated) dated the Amendment Effective Date, and each in form and substance satisfactory to the Buyer and the Agent (as the Buyer’s assignee):

Related to Conditions Precedent to Initial Purchases

  • Conditions Precedent to Initial Purchase The Initial Purchase under this Agreement is subject to the following conditions precedent that the Administrator shall have received on or before the date of such purchase, each in form and substance (including the date thereof) satisfactory to the Administrator:

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

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

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

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

  • Conditions Precedent to Initial Transaction Buyer’s agreement to enter into the initial Transaction hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Buyer shall have received from Seller any fees and expenses payable hereunder, and all of the following documents, each of which shall be satisfactory to Buyer and its counsel in form and substance:

  • Conditions Precedent to Initial Borrowing The initial Borrowing under this Agreement is subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.

  • Conditions Precedent to All Purchases Each Purchase (including the initial Purchase) hereunder shall be subject to the further conditions precedent that:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

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