Conditions to All Disbursements; Renewals and Conversions. Notwithstanding anything to the contrary contained herein, the continued performance, observance and compliance by Borrower of and with all of the covenants, conditions and agreements of Borrower contained herein (whether or not non-performance constitutes an Event of Default) and in the other Loan Documents shall be further conditions precedent to any disbursements of the proceeds under any Loan. In addition, Lender shall not be required to disburse proceeds under any Loan or to renew or convert any Borrowing Tranche at any time that any of the following are true:
Appears in 6 contracts
Samples: Pledge Agreement (German American Bancorp, Inc.), Pledge and Security Agreement (Privatebancorp Inc), Loan and Subordinated Debenture Purchase Agreement (German American Bancorp, Inc.)
Conditions to All Disbursements; Renewals and Conversions. Notwithstanding anything to the contrary contained herein, the continued performance, observance and compliance by Borrower of and with all of the covenants, conditions and agreements of Borrower contained herein (whether or not non-performance constitutes an Event of Default) and in the other Loan Transaction Documents shall be further conditions precedent to any disbursements of the proceeds under any Loanthe Facility. In addition, Lender shall not be required to disburse proceeds under any Loan the Facility or to renew or convert any Borrowing Tranche at any time that any of the following are true:
Appears in 2 contracts
Samples: Subordinated Debenture Purchase Agreement (Park National Corp /Oh/), Subordinated Note Purchase Agreement (East West Bancorp Inc)
Conditions to All Disbursements; Renewals and Conversions. Notwithstanding anything to the contrary contained herein, the continued performance, observance and compliance by Borrower of and with all of the covenants, conditions and agreements of Borrower contained herein (whether or not non-performance constitutes an Event of Default) and in the other Loan Transaction Documents shall be further conditions precedent to any disbursements of the proceeds under any the Loan. In addition, Lender shall not be required to disburse proceeds under any the Loan or to renew or convert any Borrowing Tranche at any time that any of the following are true:
Appears in 1 contract
