Common use of Conditions Precedent to the Initial Extension of Credit Clause in Contracts

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 28 contracts

Samples: Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Scheib Earl Inc), Loan and Security Agreement (Seitel Inc)

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Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the reasonable satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 2 contracts

Samples: Loan and Security Agreement (Harvey Electronics Inc), Loan and Security Agreement (Mikohn Gaming Corp)

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance (or otherwise to extend any credit provided for hereunder)Initial Advance, is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan and Security Agreement (I2 Technologies Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Subsidiary Borrower Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan Agreement (Futurelink Corp)

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance (or otherwise to extend any credit provided for hereunderhereunder other than the funding of the Term Loan), is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan and Security Agreement (Intervoice Brite Inc)

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Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:: -44-

Appears in 1 contract

Samples: Loan and Security Agreement (SPSS Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance or L/C Advance (or otherwise to extend any credit provided for hereunder), is subject to the fulfillment, to the reasonable satisfaction of Lender, of each of the conditions precedent set forth belowbelow or the express written waiver thereof by Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (MRS Fields Holding Co Inc)

Conditions Precedent to the Initial Extension of Credit. The obligation of Lender to make the initial Advance (or otherwise to extend any credit provided for hereunder)Advance, is subject to the fulfillment, to the satisfaction of Lender, of each of the conditions precedent set forth below:

Appears in 1 contract

Samples: Loan and Security Agreement (Interact Commerce Corp)

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