Conditions to Each. Advance to EGF V . Unless waived in writing by Requisite Lenders, the obligation of any Lender to make any Advance to EGF V (or any Marine Subsidiary or Owner Trustee of EGF V) (including the initial Advance) is subject to the satisfaction of the following further conditions precedent:
Appears in 3 contracts
Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii), Warehousing Credit Agreement (PLM Equipment Growth Fund V)
Conditions to Each. Advance to ADVANCE TO EGF V . V. Unless waived in writing by Requisite Lenders, the obligation of any Lender to make any Advance to EGF V (or any Marine Subsidiary or Owner Trustee of EGF V) (including the initial AdvanceAdvance except that the closing condition described in Section 3.7.2 shall only apply to subsequent Advances) is subject to the satisfaction of the following further conditions precedent:
Appears in 1 contract
Samples: Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii)
