Initial Advance or Letter of Credit. The Lender shall not be required to make the initial Advance, or issue an initial Letter of Credit hereunder, whichever occurs first, unless the following conditions precedent have been satisfied in a manner reasonably acceptable to the Lender and its counsel:
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (International Assets Holding Corp), Credit Agreement (International Assets Holding Corp)
Initial Advance or Letter of Credit. The Lender shall not be required to make the initial Advance, or issue an the initial Letter of Credit hereunder, whichever occurs first, unless the following conditions precedent have been satisfied in a manner reasonably acceptable to the Lender and its counsel:
Appears in 3 contracts
Samples: Credit and Security Agreement (Comscore, Inc.), Credit and Security Agreement (Keyw Holding Corp), Credit and Security Agreement (Tvi Corp)
