Common use of Conditions to Initial Advance Clause in Contracts

Conditions to Initial Advance. The obligation of the Bank to make the initial Advance under the Facilities is subject to satisfaction of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Bioanalytical Systems Inc), Credit Agreement (Bioanalytical Systems Inc)

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Conditions to Initial Advance. The obligation of the Bank to make the initial Advance under to the Facilities Borrower hereunder is subject to the satisfaction of each of the following conditions precedent:

Appears in 2 contracts

Samples: Loan Agreement (Smith & Wollensky Restaurant Group Inc), Loan Agreement (New York Restaurant Group Inc)

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Conditions to Initial Advance. The obligation of the Bank to make the initial Advance under the Facilities is subject to satisfaction of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Obsidian Enterprises Inc), Credit Agreement (Amcast Industrial Corp)

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