Conditions to Funding the Subordinate Loan. The Subordinate Loan shall be deemed funded upon delivery of the Subordinate Note (representing the purchase price of the Subordinate Bonds) and satisfaction of the following conditions:
Conditions to Funding the Subordinate Loan Sample Clauses
Related to Conditions to Funding the Subordinate Loan
Conditions to Obligations of the Company The Company’s obligation to sell and issue the Shares and the Warrants at the Closing is subject to the fulfillment to the satisfaction of the Company on or prior to the Closing Date of the following conditions, any of which may be waived by the Company:
