Common use of CONDITIONS OF BORROWING Clause in Contracts

CONDITIONS OF BORROWING. Notwithstanding any other provision of this Agreement, the obligation of Lender to disburse or make all or any portion of any Loans is subject to satisfaction of all of the following conditions precedent (unless a condition is waived in writing by Lender) contained in this Article 3.

Appears in 31 contracts

Sources: Credit Agreement, Senior Secured Credit Facility Agreement (Pacific Ventures Group, Inc.), Senior Secured Credit Facility Agreement (Sack Lunch Productions Inc.)

CONDITIONS OF BORROWING. Notwithstanding any other provision of this Agreement, the obligation of Lender to disburse or make all or any portion of any the Loans is subject to satisfaction of all of the following conditions precedent (unless a condition is waived in writing by Lender) contained in this Article 3.

Appears in 8 contracts

Sources: Senior Secured Revolving Credit Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.), Senior Secured Revolving Credit Facility Agreement (Sunpeaks Ventures, Inc.)

CONDITIONS OF BORROWING. Notwithstanding any other provision of this Agreement, the obligation of Lender to disburse or make all or any portion of any Loans is subject to satisfaction of all of the following conditions precedent (unless a condition is waived in writing by Lender) contained in this Article 3.:

Appears in 8 contracts

Sources: Senior Secured Revolving Credit Facility Agreement (Revolutionary Concepts Inc), Senior Secured Revolving Credit Facility Agreement (Oncologix Tech Inc.), Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.)

CONDITIONS OF BORROWING. Notwithstanding any other provision of this Agreement, the obligation of the Lender to disburse or make all or any portion of any the Loans is subject to satisfaction of all of the following conditions precedent (unless a condition is waived in writing by Lender) contained in this Article 3.

Appears in 2 contracts

Sources: Credit Agreement (National Automation Services Inc), Credit Agreement (National Automation Services Inc)

CONDITIONS OF BORROWING. Notwithstanding any other provision of this Agreement, the obligation of Lender to disburse or make all or any portion of any Loans is subject to satisfaction of all of the following conditions precedent (unless a condition is waived in writing by Lender) contained in this Article 3.Article

Appears in 1 contract

Sources: Credit Agreement (Petron Energy II, Inc.)

CONDITIONS OF BORROWING. Notwithstanding any other provision of this Agreement, the obligation of Lender to disburse or make all or any portion of any Loans is subject to satisfaction of all of the following conditions precedent (unless a condition is waived in writing by Lender) contained in this Article 3; provided that the Lender shall have no obligation to make any Loans if the conditions precedent set forth in this Article 3 are not satisfied within ten (10) Business Days of the date first written above.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.)