Common use of Conditions to Initial Loan Clause in Contracts

Conditions to Initial Loan. (a) The obligation of the Lender to make the initial Loan is subject to the Lender's receipt of the following, each dated the date of the initial Loan or as of an earlier date acceptable to the Lender, in form and substance satisfactory to the Lender and its counsel:

Appears in 28 contracts

Samples: Employment Agreement, Master Loan and Security Agreement (Ostex International Inc /Wa/), Master Loan and Security Agreement (Aclara Biosciences Inc)

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Conditions to Initial Loan. (a) The obligation of the Lender to make the initial Loan is subject to the Lender's receipt of the following, each dated the date of the initial Loan or as of an earlier date acceptable to the Lender, in form and substance reasonably satisfactory to the Lender and its counsel:

Appears in 4 contracts

Samples: Master Loan and Security Agreement (Biotransplant Inc), Intellectual Property Security Agreement (Cardima Inc), Master Loan and Security Agreement (Pharsight Corp)

Conditions to Initial Loan. (a) The obligation of the Lender to make the initial Loan is subject to the Lender's receipt of the following, on or before the Closing Date, each dated the date of the initial Loan or as of an earlier date acceptable to the Lender, in form and substance satisfactory to the Lender and its counsel:

Appears in 1 contract

Samples: Loan and Security Agreement (Cypress Bioscience Inc)

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Conditions to Initial Loan. (a) The obligation of the Lender to make the initial Loan is subject to the Lender's receipt of the following, each dated the date of the initial Loan or as of an earlier date reasonably acceptable to the Lender, in form and substance reasonably satisfactory to the Lender and its counsel:

Appears in 1 contract

Samples: Master Loan and Security Agreement (Sonoma Systems)

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