Conditions to Close. The Bank’s approval of any draw on the Revolving Line and the making of any Loan pursuant to the Closed End Line is contingent on the following: • no material adverse change in the financial condition, operations or prospects of the Borrower or the Practice prior to funding; • completion of the documentation and final terms of the proposed financing satisfactory to the Bank and Bank’s counsel; and • results of all legal due diligence, including lien, judgement and tax search and other matters Lenders may request shall be satisfactory to the Bank and Bank’s counsel.
Appears in 3 contracts
Samples: Master Line of Credit Loan Agreement (Inspire Veterinary Partners, Inc.), Master Line of Credit Loan Agreement (Inspire Veterinary Partners, Inc.), Master Line of Credit Loan Agreement (Inspire Veterinary Partners, Inc.)
