Common use of Conditions for Closing Clause in Contracts

Conditions for Closing. The obligation of Lender to close the Loans hereunder is subject to receipt by Lender of the following documents, fully executed, and completion of the following matters, in form and substance satisfactory to Lender:

Appears in 2 contracts

Sources: Loan and Security Agreement (Rolling Pin Kitchen Emporium Inc), Loan and Security Agreement (Gaylord Companies Inc)

Conditions for Closing. The Lender’s obligation of Lender to close the Loans Loan hereunder is subject to Lender’s receipt by Lender of the following documents, fully executed, and completion of the following matters, all in form and substance satisfactory to Lender:

Appears in 1 contract

Sources: Loan and Security Agreement (Techprecision Corp)

Conditions for Closing. The Lender’s obligation of Lender to close the Loans Loan hereunder is subject to its receipt by Lender of the following documents, fully executed, and completion of the following matters, all in form and substance satisfactory to LenderLender in its sole discretion:

Appears in 1 contract

Sources: Revolving Credit Loan Rider (Pen Inc.)