Common use of Conditions to Initial Advance and Closing Clause in Contracts

Conditions to Initial Advance and Closing. The obligations of Lenders to consummate the transactions contemplated herein and to make the initial Advance under the Revolving Facility (the "INITIAL ADVANCE") are subject, in each case, to the satisfaction, in the sole judgment of Agent, of the following:

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Redenvelope Inc), Revolving Credit and Security Agreement (Redenvelope Inc)

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Conditions to Initial Advance and Closing. The obligations of Lenders to consummate the transactions contemplated herein and to make the initial Advance under the Revolving Facility (the "INITIAL ADVANCE") are subject, in each case, subject to the satisfaction, in the sole judgment of AgentAgent in its Permitted Discretion, of the following:

Appears in 2 contracts

Samples: Loan and Security Agreement (America Service Group Inc /De), Credit and Security Agreement (America Service Group Inc /De)

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Conditions to Initial Advance and Closing. The obligations of Lenders to consummate the transactions contemplated herein and to make the initial Advance under the Revolving Facility (the "INITIAL ADVANCE") are subject, in each case, subject to the satisfaction, in the sole judgment satisfaction of Agent, Agent of the following:

Appears in 2 contracts

Samples: Credit Agreement (Skilled Healthcare Group Inc), Revolving Credit and Security Agreement (Skilled Healthcare Group Inc)

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