Conditions Precedent to the Making. of the Initial Revolving Credit Loan and the Initial Term Loan. The obligation of the Bank to make the initial Revolving Credit Loan and the initial Term Loan contemplated by this Agreement is subject to the condition precedent that the Bank shall have received from the Borrower and the Guarantors the following, in form and substance satisfactory to the Bank and its counsel:
Appears in 2 contracts
Samples: Loan Agreement (American Medical Alert Corp), Loan Agreement (American Medical Alert Corp)
Conditions Precedent to the Making. of the Initial Revolving Credit Loan and the Initial Term Loan. The obligation of the Bank Banks to make the initial Revolving Credit Loan Loans and the initial Term Loan contemplated by this Agreement is are each subject to the condition precedent that the Bank Agent and the Banks shall have received from the Borrower and the Guarantors on or before the date of this Agreement the following, each dated such day, in form and substance satisfactory to the Bank Agent and its counsel:
Appears in 2 contracts
Samples: Loan Agreement (Gristedes Foods Inc), Loan Agreement (Gristedes Foods Inc)
Conditions Precedent to the Making. of the Initial Revolving Credit Loan and the Initial Term Loan. The obligation of the Bank to make the initial Revolving Credit Loan and the initial Term Loan contemplated by this Agreement is subject to the condition precedent that the Bank shall have received from the Borrower and the Guarantors Guarantor the following, in form and substance satisfactory to the Bank and its counsel:
Appears in 1 contract
Conditions Precedent to the Making. of the Term Loan and the Initial Revolving Credit Loan and the Initial Term Loan. The obligation of the Bank Lenders to make the Term Loan and the initial Revolving Credit Loan and the initial Term Loan contemplated by this Agreement is subject to the condition precedent that the Bank Agent and the Lenders shall have received from the Borrower and the Guarantors on or before the date of this Agreement the following, each dated such day, in form and substance satisfactory to the Bank and its counsel:
Appears in 1 contract
Conditions Precedent to the Making. of the Term Loan and the Initial Revolving Credit Loan and the Initial Term Loan. The obligation of the Bank to make the initial Revolving Credit Term Loan and the initial Term Revolving Credit Loan contemplated by this Agreement is subject to the condition precedent that the Bank shall have received from the Borrower and the Guarantors the following, in form and substance satisfactory to the Bank and its counsel:
Appears in 1 contract
Conditions Precedent to the Making. of the Term Loan and the Initial Revolving Credit Loan and the Initial Term Loan. The obligation of the Bank to make the initial Revolving Credit Term Loan and the initial Term Revolving Credit Loan contemplated by this Agreement is subject to the condition precedent that the Bank shall have received from the Borrower and the Guarantors the following, in form and substance satisfactory to the Bank and its counsel:
Appears in 1 contract