Conditions to Initial Loan. The obligation of each Bank to make its initial Loan hereunder is subject to the satisfaction of the following conditions precedent:
Appears in 11 contracts
Samples: Credit Agreement (Deere John Capital Corp), Credit Agreement (Deere John Capital Corp), Credit Agreement (Deere & Co)
Conditions to Initial Loan. The obligation obligations of each the Bank to make its the initial Loan hereunder is shall be subject to the satisfaction of the following conditions precedent:
Appears in 1 contract
Samples: Loan and Security Agreement (Litchfield Financial Corp /Ma)
Conditions to Initial Loan. The obligation of each the Bank to make its the initial Loan hereunder is subject to the satisfaction of the following additional conditions precedent:
(1) The Bank shall have received this Agreement, duly executed by the Borrower.
(2) The Bank shall have received the Note, duly executed by the Borrower.
Appears in 1 contract