Common use of Conditions Precedent to the Initial Advance Clause in Contracts

Conditions Precedent to the Initial Advance. The obligation of the Bank to make the initial Advance and the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance and such first extension of credit all of the following, in form and substance satisfactory to the Bank:

Appears in 7 contracts

Samples: Credit Agreement (Applied Signal Technology Inc), Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Trinet Employer Group Inc)

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Conditions Precedent to the Initial Advance. The obligation of the Bank to make the initial Advance and the first extension of credit to or on account of the Borrower Borrowers hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance and such first extension of credit all of the following, in form and substance satisfactory to the Bank:

Appears in 2 contracts

Samples: Credit Agreement (Tag It Pacific Inc), Credit Agreement (Osi Systems Inc)

Conditions Precedent to the Initial Advance. The obligation of the Bank to make the initial Acquisition Advance and the first extension of credit to or on account of the any Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance and such first extension of credit all of the following, in form and substance satisfactory to the Bank:

Appears in 1 contract

Samples: Credit Agreement (Osi Systems Inc)

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Conditions Precedent to the Initial Advance. The obligation of the Bank to make the initial Advance and the first extension of credit to or on account of the Borrower hereunder is subject to the conditions precedent that the Bank shall have received before the date of such initial Advance and such first extension of credit all of the following, in form and substance satisfactory to the Bank:: (i)

Appears in 1 contract

Samples: Credit Agreement (Golden State Vintners Inc)

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