Conditions Precedent to the Funding of the Loan. Each Lender’s obligation to proceed forward with this transaction and to fund the Loan is subject to satisfaction of the following conditions precedent:
Appears in 2 contracts
Samples: Loan and Security Agreement (Great Lakes Dredge & Dock CORP), Loan and Security Agreement (Great Lakes Dredge & Dock CORP)
Conditions Precedent to the Funding of the Loan. Each The Lender’s obligation to proceed forward with this transaction the transactions contemplated by the Loan Agreement and to fund the Loan is subject to the satisfaction of each of the following conditions precedent:
Appears in 2 contracts
Samples: Loan and Security Agreement (Overseas Shipholding Group Inc), Loan and Security Agreement (Overseas Shipholding Group Inc)
Conditions Precedent to the Funding of the Loan. Each The Lender’s obligation to proceed forward with this transaction and to fund the Loan is subject to the Lender’s satisfaction of the following conditions precedent: “ . The Lender’s obligation to proceed forward with this transaction and to fund the Loan is subject to the Lender’s satisfaction of the following conditions precedent:
Appears in 2 contracts
Samples: Loan and Security Agreement (Pangaea Logistics Solutions Ltd.), Loan and Security Agreement (Pangaea Logistics Solutions Ltd.)