Common use of Conditions to Term Loans Clause in Contracts

Conditions to Term Loans. The obligation of the Lenders to make their respective Term Loans to the Borrower on the Expiry Date shall be subject to the satisfaction of the following conditions precedent:

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Maui Land & Pineapple Co Inc), Credit and Term Loan Agreement (Maui Land & Pineapple Co Inc), Revolving Credit and Term Loan Agreement (Maui Land & Pineapple Co Inc)

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Conditions to Term Loans. The obligation of the Lenders each Lender to make their respective its Term Loans to the Borrower on the Expiry Closing Date shall be are subject to the satisfaction satisfaction, or waiver by the Required Lenders, immediately prior to or concurrently with the making of such Term Loans of the following conditions precedentconditions:

Appears in 1 contract

Samples: Collateral Agreement (Werner Holding Co Inc /Pa/)

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