Common use of Conditions to Initial Loans or Letter of Credit Clause in Contracts

Conditions to Initial Loans or Letter of Credit. Bank’s obligation to make the initial Loans and/or to issue the initial Letter of Credit is subject to and contingent upon the fulfillment of each of the conditions set forth in Annex 2 to the satisfaction of Bank and its counsel.

Appears in 4 contracts

Samples: Credit Agreement (Kingsway Financial Services Inc), Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.)

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Conditions to Initial Loans or Letter of Credit. Bank’s Each Lender's obligation to make the initial Loans and/or each Issuer's obligation to issue the initial Letter of Credit is subject to and contingent upon the fulfillment of each of the conditions set forth in Annex 2 to the satisfaction of Bank Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Auxilio Inc)

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