Common use of CONDITIONS TO OBLIGATION OF BANK Clause in Contracts

CONDITIONS TO OBLIGATION OF BANK. Bank shall have no obligation under this Agreement to make any Extension of Credit unless and until it is satisfied, in its sole and absolute discretion, that all of the following conditions shall have been satisfied prior to or on the Closing Date:

Appears in 3 contracts

Samples: Credit Agreement (Edac Technologies Corp), Master Credit Agreement (Aristotle Corp), Master Credit Agreement (Aristotle Corp)

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CONDITIONS TO OBLIGATION OF BANK. Bank shall have no obligation under this Agreement to make any further Extension of Credit unless and until it is satisfied, in its sole and absolute discretion, that all of the following conditions shall have been satisfied or waived by Bank in writing prior to or on the Closing Date:

Appears in 1 contract

Samples: Master Credit Agreement (Polyvision Corp)

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