Common use of Conditions to Closing and First Borrowing Clause in Contracts

Conditions to Closing and First Borrowing. The obligation of each Lender to make an Advance on the Closing Date is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 12 contracts

Samples: Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP)

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Conditions to Closing and First Borrowing. The obligation of each Lender to make an Advance on the Closing Date (and the obligation of the Letter of Credit Issuer to issue a Letter of Credit on the Closing Date) is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 6 contracts

Samples: Credit Agreement (Trex Co Inc), Credit Agreement (Trex Co Inc), Credit Agreement (St Joe Co)

Conditions to Closing and First Borrowing. The obligation of each Lender Bank to make an Advance on the Closing Date occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Gladstone Commercial Corp)

Conditions to Closing and First Borrowing. The obligation of each the Lender to make an Advance on the Closing Date is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.)

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Conditions to Closing and First Borrowing. The obligation of each Lender to make an Advance on the Closing First Disbursement Date is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Triangle Capital CORP)

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