Common use of Conditions to Initial Loan Clause in Contracts

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)

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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)

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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

Samples: Loan Agreement (Stewart Martha Omnimedia Inc)

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