Subject to compliance by Holdings. the Borrower and each Borrower Subsidiary with all of the provisions of this Agreement and so long as no Default or Event of Default then exists, Loan proceeds applicable to each Project shall be disbursed by the Lenders making Advances in accordance with the following procedures:
Appears in 3 contracts
Samples: Master Loan and Security Agreement, Master Loan and Security Agreement (iPic Entertainment Inc.), Master Loan and Security Agreement (iPic Entertainment Inc.)
Subject to compliance by Holdings. the Borrower and each Borrower Subsidiary with all of the provisions of this Agreement and so long as no Default or Event of Default then exists, Loan proceeds applicable to each Remaining Construction Project shall be disbursed by the Lenders making Advances in accordance with the following procedures:
Appears in 1 contract
Samples: Second Modification Agreement (iPic Entertainment Inc.)
