Common use of Conditions of Initial Borrowing Clause in Contracts

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make Loans to be advanced on the Closing Date is subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Esperion Therapeutics, Inc.)

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make its portion of the Loans to be advanced on the Closing Date is subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Dermira, Inc.)

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make Loans to be advanced on the Closing Date is subject to satisfaction of the following conditions precedent:precedent (as determined by the Lenders in their sole discretion):

Appears in 1 contract

Sources: Credit Agreement (Zevra Therapeutics, Inc.)

Conditions of Initial Borrowing. This The effectiveness of this Agreement shall become effective upon and the obligation of each Lender to make its initial Loans to be advanced hereunder on the Closing Date is are subject to satisfaction or waiver of the following conditions precedent:

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Ventas, Inc.)