Common use of Initial Conditions Precedent Clause in Contracts

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 7 contracts

Samples: Facility Agreement (Utah Medical Products Inc), Facility Agreement (Far East Energy Corp), Facility Agreement (China Security & Surveillance Technology, Inc.)

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Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 7 contracts

Samples: Facility Agreement (Daqo New Energy Corp.), Facility Agreement, Facility Agreement

Initial Conditions Precedent. The No Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower Guarantor promptly upon being so satisfied.

Appears in 1 contract

Samples: Facility Agreement (Harsco Corp)

Initial Conditions Precedent. The No Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.and

Appears in 1 contract

Samples: Facility Agreement (Harsco Corp)

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Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Samples: Facility Agreement (Infiniti Solutions LTD)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part I of Schedule 1 2 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being as soon as reasonably possible after having been so satisfied.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Drdgold LTD)

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