Common use of Conditions to Term Loan Clause in Contracts

Conditions to Term Loan. The Lender’s obligation to make the Term Loan hereunder is subject to the satisfaction of each of the following conditions precedent:

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Tandem Health Care, Inc.), Term Loan and Security Agreement (Tandem Health Care, Inc.)

AutoNDA by SimpleDocs

Conditions to Term Loan. The Lender’s obligation obligations of the Bank to make the Term Loan hereunder to the Borrower is subject to the satisfaction of each of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Cpi Aerostructures Inc)

AutoNDA by SimpleDocs

Conditions to Term Loan. The As a condition precedent to the Lender’s 's obligation to make the Term Loan hereunder is subject to the satisfaction of each of Loan, the following conditions precedentshall all be satisfied:

Appears in 1 contract

Samples: Loan Agreement (Penn Engineering & Manufacturing Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.