Conditions Precedent to the First Disbursement Sample Clauses

Conditions Precedent to the First Disbursement. Unless OPIC otherwise agrees in writing, the obligation of OPIC to make the first Disbursement of the Loan is subject to the prior fulfillment, to OPIC's satisfaction in its sole discretion, of the following conditions precedent and to their continued fulfillment on the date of the first Disbursement:
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Conditions Precedent to the First Disbursement. The obligation of the Lender to make the First Disbursement is subject to (i) the fulfilment by the Company of the conditions contained in Sections 4.1, 4.2 and 5.6(1)(a) of the Common Terms Schedule, with each reference to the “Senior Lenders” and/or the “Lenders’ Agent” being a reference hereunder to the Lender and (ii) providing to the Lender the following documents in form and substance satisfactory to the Lender:
Sample 1
Conditions Precedent to the First Disbursement. The Facility shall not be available, and the first Disbursement to be made pursuant to this Agreement shall not be made, unless, no less than ten Business Days prior to the date of the first Disbursement, the Facility Agent has received all of the documents and other evidence listed below, each in form and substance satisfactory to the Facility Agent, and each of the other conditions listed has been fulfilled or waived:
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Conditions Precedent to the First Disbursement. 24 Section 4.01. Corporate Authorization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
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Conditions Precedent to the First Disbursement. The obligation of the Lender to make the first Disbursement shall be subject to the prior fulfillment, in form and substance satisfactory to the Lender, of the following conditions precedent:
Sample 1

Related to Conditions Precedent to the First Disbursement

  • Conditions Precedent to the Loan The obligation of Lender to make the Loan hereunder is subject to the fulfillment by Borrower or waiver by Lender of the following conditions precedent no later than the Closing Date:

  • Conditions Precedent to Disbursement Agency’s obligation to disburse Grant Funds to Grantee under this Grant is subject to satisfaction of each of the following conditions precedent:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions Precedent to the Obligation of the Company to Close and to Sell the Securities. The obligation hereunder of the Company to close and issue and sell the Securities to the Purchasers at the Closing is subject to the satisfaction or waiver, at or before the Closing of the conditions set forth below. These conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion.

  • 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:

  • Conditions Precedent to All Advances The obligation of Bank to make each Advance, including the initial Advance, is further subject to the following conditions:

  • Conditions Precedent to the Effective Date The occurrence of the Effective Date pursuant to Section 13.10 is subject to the satisfaction of the following conditions:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make the initial extensions of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extensions of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

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