Conditions for Initial Loans. The obligation of NBD to make the first Revolving Loans or to issue the first L/C hereunder is subject to receipt by NBD of the following documents and completion of the following matters on or prior to the Effective Date, in form and substance satisfactory to NBD:
Appears in 2 contracts
Sources: Revolving Credit and Loan Agreement (Secom General Corp), Revolving Credit and Loan Agreement (Medar Inc)