Common use of Initial Extension of Credit Clause in Contracts

Initial Extension of Credit. The obligation of Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that Lender will have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Date, in form and substance satisfactory to Lender:

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement (Del Frisco's Restaurant Group, Inc.), Loan Agreement (Geospace Technologies Corp)

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Initial Extension of Credit. The obligation of Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that prior thereto Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Date, documents set forth below in form and substance satisfactory to Lender:.

Appears in 4 contracts

Samples: Loan Agreement (Global Geophysical Services Inc), Loan Agreement (Oyo Geospace Corp), Loan Agreement (Arabian Shield Development Co)

Initial Extension of Credit. The obligation of Lender to make the initial Advance Advances or issue the initial Letter of Credit is subject to the condition precedent that Lender will have received on or before the day of such Advance Advances or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Date, in form and substance satisfactory to Lender:

Appears in 3 contracts

Samples: Loan Agreement (State National Companies, Inc.), Loan Agreement (American Electric Technologies Inc), Loan Agreement (Micropac Industries Inc)

Initial Extension of Credit. The obligation of Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to Lender:

Appears in 3 contracts

Samples: Credit Agreement (Harte Hanks Inc), Loan Agreement (Dgse Companies Inc), Loan Agreement (Dgse Companies Inc)

Initial Extension of Credit. The obligation of each Lender to make the its initial Advance or and of the Issuing Bank to issue the initial Letter of Credit is subject to the condition precedent that Lender will the Agent shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to Lenderthe Agent:

Appears in 2 contracts

Samples: Credit Agreement (Ezcorp Inc), Credit Agreement (Ezcorp Inc)

Initial Extension of Credit. The obligation of Lender to make the initial Advance or issue the initial Letter of Credit under any Note is subject to the condition precedent that Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to Lender:

Appears in 2 contracts

Samples: Credit Agreement (Direct Digital Holdings, Inc.), Credit Agreement (Direct Digital Holdings, Inc.)

Initial Extension of Credit. The obligation of each Lender to make the its initial Advance or and of the Issuing Bank to issue the initial Letter of Credit Credit, is subject to the condition precedent that Lender will the Agent shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to Lenderthe Agent:

Appears in 2 contracts

Samples: Credit Agreement (Ezcorp Inc), Credit Agreement (Ezcorp Inc)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicatedindicated or the context otherwise requires) the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 2 contracts

Samples: Loan Agreement (Rf Monolithics Inc /De/), Loan Agreement (Rf Monolithics Inc /De/)

Initial Extension of Credit. The obligation of Lender Bank to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that Lender will Bank shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Date, in form and substance satisfactory to LenderBank:

Appears in 1 contract

Samples: Loan Agreement (Lighting Science Group Corp)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Pizza Inn Holdings, Inc /Mo/)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under any Note or issue the initial Letter of Credit is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Home Solutions of America Inc)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance or issue under the initial Letter of Revolving Credit Note is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Advanced Environmental Recycling Technologies Inc)

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Initial Extension of Credit. The obligation of Lender the Banks to make the initial Advance or issue the initial Letter of Credit hereunder is subject to the condition precedent that Lender will the Agent shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to Lenderthe Agent:

Appears in 1 contract

Samples: Credit Agreement (Drypers Corp)

Initial Extension of Credit. The obligation of Lender to make the initial Advance or issue the initial Letter of Credit under any Note is subject to the condition precedent that Lender will shall have received or shall have been waived by Lender in writing on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance reasonably satisfactory to Lender:

Appears in 1 contract

Samples: Loan Agreement (Coolbrands International Inc)

Initial Extension of Credit. The obligation of Lender the Lenders to make the initial Advance under any Note or of the Issuing Bank to issue the any initial Letter of Credit is subject to the condition precedent that Lender will the Administrative Agent shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to Lenderthe Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Home Solutions of America Inc)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance or issue the initial Letter of Credit under any Note is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) as of the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Isecuretrac Corp)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (First Wave Marine Inc)

Initial Extension of Credit. The obligation of Lender to --------------------------- make the initial Advance or issue the initial Letter of Credit is subject to the condition precedent that Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit date thereof all of the following, each dated (unless otherwise indicated) the Closing Date, documents set forth below in form and substance satisfactory to Lender:.

Appears in 1 contract

Samples: Loan Agreement (Scientific Measurement Systems Inc/Tx)

Initial Extension of Credit. The obligation of the Lender to make the initial Advance under the Revolving Credit Note or issue the initial Letter of Credit is subject to the condition precedent that the Lender will shall have received on or before the day of such Advance or issuance of such Letter of Credit all of the following, each dated (unless otherwise indicated) the Closing Datedate hereof, in form and substance satisfactory to the Lender:

Appears in 1 contract

Samples: Loan Agreement (Quest Resource Holding Corp)

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