Conditions to Funding definition

Conditions to Funding. The execution and closing of the Securities Purchase Agreement and the funding of the Bridge Notes will be subject to satisfaction of conditions precedent, including but not limited to the following:
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Conditions to Funding means the Bank shall have received the audited consolidated and consolidating financial statements of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2004, prepared in accordance with GAAP, consistently applied, together with an opinion which is unqualified (or otherwise consented to in writing by Bank) on such financial statements of one of the “Big 4” accounting firms, and such financial statements shall be in form and substance satisfactory to the Bank.
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Conditions to Funding as defined in Section 3.1.
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Examples of Conditions to Funding in a sentence

  • After the Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Section 4 (Conditions to Funding), the Agent will make such funds available to the Borrower by electronic transfer of same day funds to the Borrower’s account.

  • Section 3.1 Conditions to Funding of the Loan on the Closing Date.

  • Section 3.1 Conditions to Funding of the Loan on the Closing Date.........................................

  • Grantee’s failure to comply with any of the requirements and Conditions to Funding contained herein at Section 3.

  • Section 3.1 Conditions to Funding of the Loan on the Closing Date....................

  • After the Administrative Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Section 4 (Conditions to Funding), the Administrative Agent will make such funds NEWY1\8114089.7 available to the Borrower by electronic transfer of same day funds to the Borrower’s account.

  • Any conditions set forth in Section 6.02 (Conditions to Funding of any System) that were waived on the Effective Date or subsequent Funding Dates shall be met to the satisfaction of the Lender, except as otherwise provided in such waiver(s).

  • Such reports shall demonstrate Grantee’s compliance with the Conditions to Funding enumerated in Section 3 herein and shall be in a form that is acceptable to the CRA’s Executive Director.

  • Section 3.1 Conditions to Funding of the Loan on the Closing Date ....................

  • SECTION 5.01 Conditions to Funding of the Funding Date Loan Amount.