Common use of Deadline for Funding Conditions Clause in Contracts

Deadline for Funding Conditions. No Lender shall have any obligation to make any Advances hereunder if all of the conditions set forth in Article 5 and in Article 6 have not been fully satisfied or waived by the Requisite Lenders and the first Advance made hereunder, within the period of twenty-four (24) calendar months following the date hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Us Xchange LLC)

AutoNDA by SimpleDocs

Deadline for Funding Conditions. No Lender shall have any no obligation to make any Advances hereunder if all of the conditions set forth in Article 5 and in Article 6 Sections 6.01 and 6.02 hereof have not been fully satisfied or waived by the Requisite Lenders satisfied, and the first Advance made hereunder, within by the period of twenty-four (24) calendar months following the date hereofFinancing Termination Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Ixc Communications Inc)

Deadline for Funding Conditions. No Lender shall have any no obligation to make any Advances hereunder if all of the conditions set forth in Article 5 and in Article 6 Sections 6.01 and 6.02 hereof have not been fully satisfied or waived by the Requisite Lenders waived, and the first Advance made hereunder, within the period of twenty-four twelve (2412) calendar months following the date hereofClosing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Startec Global Communications Corp)

Deadline for Funding Conditions. No Lender shall have any no obligation to make any Advances hereunder if all of the conditions set forth in Article 5 and in Article 6 Sections 6.01 and 6.02 hereof have not been fully satisfied or waived by the Requisite Lenders Lender, and the first Advance made hereunder, within the period of twenty-four twelve (2412) calendar months following the date hereofClosing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Focal Communications Corp)

AutoNDA by SimpleDocs

Deadline for Funding Conditions. No Lender shall have any no obligation -------------------------------- to make any Advances hereunder if all of the conditions set forth in Article 5 --------- and in Article 6 Sections 6.01 and 6.02 hereof have not been fully satisfied or waived by the Requisite Lenders satisfied, and the ------------------------- first Advance made hereunder, within the period of twenty-four (24) 12 calendar months following the date hereofClosing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Telscape International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!