Conditions to First Advance Sample Clauses

Conditions to First Advance. All of the conditions precedent set forth in Section 4.1 have been satisfied.

Conditions to First Advance. The Lenders' obligations to make the first Advance shall be subject to compliance by the Borrower with its agreements contained in this Agreement, and to the condition precedent that the Lenders shall have received each of the following, in form and substance satisfactory to the Agent, Lenders and their counsel or in the form attached hereto as an Exhibit, as the case may be: (a) The Lender Agreements and the Notes duly executed by the Borrower. (b) Copies of the resolutions of the Board of Directors of the Borrower authorizing the execution, delivery and performance of this Agreement, the Notes and the other Lender Agreements to which the Borrower is a party, certified by the Secretary or an Assistant Secretary (or Clerk or Assistant Clerk) of the Borrower (which certificate shall state that such resolutions are in full force and effect). (c) A certificate of the Secretary or an Assistant Secretary (or Clerk or Assistant Clerk) of the Borrower certifying the name and signatures of the officers of the Borrower authorized to sign this Agreement, the Notes, the other Lender Agreements to which the Borrower is a party and the other documents to be delivered by the Borrower hereunder. (d) Certificates of legal existence and corporate good standing for the Borrower of recent date issued by the appropriate governmental authorities. (e) Certificate of tax good standing for the Borrower of recent date issued by the appropriate governmental authorities. (f) Certified copies of the Certificate of Incorporation of Borrower. (g) Copies of By-laws of the Borrower certified by the Secretary or Assistant Secretary (or Clerk or Assistant Clerk) to be a true and correct copy thereof. (h) The opinions of counsel to the Borrower, dated the date of execution of this Agreement, in substantially the form of Exhibit F hereto. (i) A certificate of a duly authorized officer of the Borrower, dated the date of the first Advance, to the effect that (i) all conditions precedent on the part of the Borrower to the execution and delivery hereof and the making of the first Advance has been satisfied, (ii) the representations and warranties of the Borrower herewith and in all other Lender Agreements are true and correct in all material respects except for (a) representations and warranties made as of a specified earlier date, which remain true and correct as of such earlier date, and (b) transactions and other matters permitted by hereby or the other Lender Agreements, (iii) upon execution...

Conditions to First Advance. The obligation of the Frost Group to make the first Advance shall be subject to the Frost Group’s receipt of the following documents, each in form and substance reasonably satisfactory to the Frost Group: (a) This Agreement. This Agreement duly executed by Borrower.

Conditions to First Advance. The Bank must receive the following items, in form and content acceptable to the Bank, before it is required to extend any credit to the Borrower under this Agreement:

Conditions to First Advance. Lxxxxx’s obligation to make the first advance under the Advance Type/Term Note is conditioned upon (i) all of the Loan Documents being executed by all parties thereto, (ii) Lender receiving proof of insurance coverage required by the Loan Documents and (iii) Borrower depositing no less than Fifteen Million Dollars ($15,000,000) into a Lxxxxxxx Bank Money Market Fund (the “LSB MM Fund”).

Conditions to First Advance. The following shall be conditions precedent to the first dvance under the Loan (the "First Advance") (except as waived by Lender):

Conditions to First Advance. The obligation of Lender to make the first advance of the Loan is subject to the following: (i) Lender shall have received and recorded or filed (as appropriate) executed copies of the Loan Documents. (ii) Lender shall have determined that all conditions set forth in Lender's commitment for the Loan, dated June 3, 1998, have been satisfied; including, without limit, the payment of all required fees and expenses. (iii) Lender shall have received such other documents, instruments and certificates as Lender deems necessary.

Conditions to First Advance. Prior to the making by the Bank of the first advance to the Borrower, the following conditions precedent shall have been satisfied. The Bank shall have received, duly executed, all Loan Documents and any other documents and instruments necessary or advisable in connection with the Loan, all of which shall be in form and substance satisfactory to the Bank and its counsel. The Bank shall have received a borrowing resolution authorizing the Loan and the execution of the Loan Documents.

Conditions to First Advance. All of the conditions set forth in this Article IV must be satisfied and completed, or the satisfaction and completion thereof waived by Bank, prior to any Advance by Bank. If all of the conditions are not met to Bank’s satisfaction, or the completion thereof waived by Bank, Bank may, at its option, (1) withhold any Advance until the same are met, or (2) disburse and require that any unsatisfied terms and conditions be satisfied as a condition subsequent to Closing within such period of time as may be designated by the Bank.

Conditions to First Advance. Unless waived in writing by Requisite Lenders, the obligation of any Lender to make the first Advance is subject to the satisfaction of the following conditions precedent: