Common use of Conditions Precedent to Loans and Letters of Credit Clause in Contracts

Conditions Precedent to Loans and Letters of Credit. The obligation of the Lender to make Loans or issue Letters of Credit hereunder shall be subject to the satisfaction of each of the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (Gladstone Resources Inc), Credit Agreement (Toreador Royalty Corp), Credit Agreement (Trek Resources Inc)

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Conditions Precedent to Loans and Letters of Credit. The obligation of the Lender to make Loans or issue Letters letters of Credit credit hereunder shall be subject to the satisfaction of each of the following conditions:

Appears in 1 contract

Samples: Loan Agreement (Gulfwest Energy Inc)

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