Conditions to Draw. Borrower understands and agrees that Lender’s obligation to fund the Requested Draw is subject to Lender’s satisfaction with or waiver of, in Lender’s sole discretion, each of the applicable conditions set forth in the Agreement.
Conditions to Draw. (i) In the event of any written notice threatening (A) to foreclose a Lien on any portion of the Assets, or (B) to take any other action that would have a Material Adverse Effect, then Buyer shall have the right to make one or more draws on the Letter of Credit to pay the amount Buyer is required to expend to remove such Lien or to prevent the taking of such action.
Conditions to Draw. Xxxxxxxx understands and agrees that Xxxxxx’s obligation to fund the Requested Draw is subject to Xxxxxx’s satisfaction with or waiver of, in Xxxxxx’s sole discretion, each of the DLOC Draw Conditions set forth in the Agreement.
Conditions to Draw. The obligation of GP to make any Loans is subject to satisfaction of the following conditions precedent and to the limitations set forth in clause (b) below, on and as of the date of any such extension of credit:
Conditions to Draw. Borrower understands and agrees that Lender’s obligation to fund the Requested Advance is subject to Lender’s satisfaction with or waiver of, in Lender’s sole discretion, each of the Earnout Advance Conditions set forth on Appendix A (the “Earnout Advance Conditions”).
