Common use of Conditions Precedent to Term Loans Clause in Contracts

Conditions Precedent to Term Loans. Each Lender shall not be required to fund any requested Term Loan or otherwise extend credit to any Borrower hereunder, until the date (“Restatement Effective Date”) that each of the following conditions has been satisfied, subject to Section 6.2 below:

Appears in 2 contracts

Samples: Guaranty and Security Agreement, Term Loan, Guaranty and Security Agreement (Turtle Beach Corp)

AutoNDA by SimpleDocs

Conditions Precedent to Term Loans. Each Lender Lenders shall not be required to fund any requested Term Loan or otherwise extend credit to any Borrower hereunderLoan, until the date (“Restatement Effective Closing Date”) that each of the following conditions has been satisfied, subject to Section 6.2 below:

Appears in 1 contract

Samples: Second Lien Loan and Security Agreement (Bon Ton Stores Inc)

AutoNDA by SimpleDocs

Conditions Precedent to Term Loans. Each Lender shall not be required to fund any requested Term Loan or otherwise extend credit to any Borrower hereunder, until the date (“Restatement Effective Closing Date”) that each of the following conditions has been satisfied, subject to Section 6.2 below:

Appears in 1 contract

Samples: Guaranty and Security Agreement (Turtle Beach Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!