Initial Extension of Credit. The obligation of Lender to make the initial Revolving Advance, issue the initial Letter of Credit or make the initial Term Loan Advance is subject to the condition precedent that prior thereto Lender shall have received all of the documents set forth below in form and substance satisfactory to Lender.
Appears in 2 contracts
Samples: Loan Agreement (Sharps Compliance Corp), Loan Agreement (Sharps Compliance Corp)
Initial Extension of Credit. The obligation of Lender to make the initial Revolving Advance, issue the initial Letter of Credit or make the initial Term Loan Advance is subject to the condition precedent that prior thereto Lender shall have received all of the documents set forth below in form and substance satisfactory to Lender.
Appears in 2 contracts
Samples: Loan Agreement (University General Health System, Inc.), Loan Agreement (University General Health System, Inc.)
Initial Extension of Credit. The obligation of Lender to make the initial Revolving Advance, issue the initial Letter of Credit or make the initial Term Loan Advance is subject to the condition precedent that prior thereto Lender shall have received on or before the day of such Advance all of the documents set forth below in form and substance satisfactory to Lender.
Appears in 1 contract
Samples: Loan Agreement (Reliability Inc)
Initial Extension of Credit. The obligation of Lender to make the initial Revolving Advance, issue the initial Letter of Credit Advance or make the initial Term Loan Advance is subject to the condition precedent that prior thereto Lender shall have received on or before the day of such Advance or Term Loan all of the documents set forth below in form and substance satisfactory to Lender.
Appears in 1 contract
Samples: Loan Agreement (Transamerican Waste Industries Inc)
Initial Extension of Credit. The obligation of Lender to make the initial Revolving Advance, issue the initial Letter of Credit Advance or make the initial Term Loan Advance fund either Loan-C or Loan-D is subject to the condition precedent that prior thereto Lender shall have received all of the documents set forth below in form and substance satisfactory to Lender.
Appears in 1 contract
Initial Extension of Credit. The obligation of Lender to make the initial Revolving Advance, issue Advance or fund the initial Letter of Credit or make the initial Term Loan Advance is subject to the condition precedent that prior thereto Lender shall have received all of the documents set forth below in form and substance satisfactory to Lender.
Appears in 1 contract
Samples: Loan Agreement (Spacehab Inc \Wa\)