CONDITIONS TO MAKING ALL LOANS. The obligations of Lender to make all Loans hereunder shall be subject to the satisfaction or waiver by Lender, prior thereto or concurrently therewith, of each of the conditions set forth in Section 6 and, in addition, the following conditions precedent:
Appears in 3 contracts
Samples: Loan and Security Agreement (Greenwood Hall, Inc.), Loan and Security Agreement (Greenwood Hall, Inc.), Loan and Security Agreement (XZERES Corp.)
CONDITIONS TO MAKING ALL LOANS. The If it is contemplated in this Agreement that more than one advance will be made by Lender under Section 2.1 hereof, the obligations of Lender to make all Loans hereunder shall be subject to the satisfaction or waiver by Lender, prior thereto or concurrently therewith, of each of the conditions set forth in Section 6 and, in addition, all of the following conditions precedent:
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Sysorex Global)
CONDITIONS TO MAKING ALL LOANS. The obligations of Lender to make all Revolving Loans hereunder shall be subject to the satisfaction or waiver by Lender, prior thereto or concurrently therewith, of each of the conditions set forth in Section 6 and, in addition, the following conditions precedent:
Appears in 1 contract