Common use of Lender Commitments Clause in Contracts

Lender Commitments. The Administrative Agent shall have received proceeds of the Commitments of the Lenders for such Advance (it being understood that this condition is for the sole benefit of the Administrative Agent and may not be relied upon by any Lender as a condition to such Lender’s obligation to fund its pro rata share of the Advance).

Appears in 4 contracts

Samples: Senior Secured Term Loan Agreement (Cresco Labs Inc.), Senior Secured Term Loan Agreement (Cresco Labs Inc.), Senior Secured Term Loan Agreement

AutoNDA by SimpleDocs

Lender Commitments. The Administrative Agent shall have received proceeds of the Commitments of the Lenders for such Advance (it being understood that this condition is for the sole benefit of the Administrative Agent and may not be relied upon by any Lender as a condition to such LenderXxxxxx’s obligation to fund its pro rata share of the Advance).

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.