Termination of Advances. At the option of Lender, Loan advances shall not be made under the Note unless (i) this Agreement, the Note and the other Loan Documents are in full force and effect, and (ii) an Event of Default does not exist under the terms of this Agreement, the Note or any of the other Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (Paycom Software, Inc.), Loan Agreement (Paycom Software, Inc.)
Termination of Advances. At the option of Lender, Loan advances shall not be made under the Note unless (i) this Agreement, the Note and the other Loan Documents are in full force and effect, and (ii) an Event of Default does not exist under the terms of this Agreement, the Note or any of the other Loan Documents.
Appears in 1 contract
Termination of Advances. At the option of the Lender, Loan advances Advances shall not be made under the Note unless (i) this Agreement, the Note and the other Loan Documents are in full force and effect, (ii) all of the conditions precedent specified in Section 7 and Section 8 hereof shall have been satisfied or waived in writing by Lender, and (iiiii) an Event of Default does not exist under the terms of this Agreement, the Note Agreement or any of the other Loan Documents.
Appears in 1 contract
Samples: Loan and Security Agreement (Addvantage Technologies Group Inc)
