Common use of Initial Loan Clause in Contracts

Initial Loan. The obligation of Lender to make the initial Loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lender:

Appears in 4 contracts

Samples: Loan and Security Agreement (Dawson Geophysical Co), Loan and Security Agreement (Flint Telecom Group Inc.), Pledge and Security Agreement (United eSystems, Inc.)

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Initial Loan. The obligation of Lender to make the initial Loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, following in form and substance satisfactory to Lender, or the following conditions shall have been satisfied satisfactory to Lender, as applicable:

Appears in 2 contracts

Samples: Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp)

Initial Loan. The obligation of Lender to make the initial Loan loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Atsi Communications Inc/De)

Initial Loan. The obligation of Lender the Bank to make the its initial Loan under the Credit Facility, is subject to the condition precedent that Lender the Bank shall have received on or before before, or shall receive simultaneously with, the day of any such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lenderthe Bank:

Appears in 1 contract

Samples: Security Agreement (Nelnet Inc)

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Initial Loan. The obligation of Lender the Banks to make the their initial Loan under the Credit Facility, is subject to the condition precedent that Lender the Banks shall have received on or before before, or shall receive simultaneously with, the day of any such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lenderthe Banks:

Appears in 1 contract

Samples: Security Agreement (Nelnet Inc)

Initial Loan. The obligation of Lender to make the initial Loan under the Credit Facility, is subject to the condition precedent that Lender shall have received on or before the day of such Loan all of the following, each dated (unless otherwise indicated) as of the Closing Date, in form and substance satisfactory to Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Clean Energy Fuels Corp.)

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