Common use of Conditions Precedent to each Additional Policy Advance Clause in Contracts

Conditions Precedent to each Additional Policy Advance. The making of each Additional Policy Advance is subject to conditions precedent to be determined by the Lenders in their sole and absolute discretion.

Appears in 2 contracts

Sources: Loan and Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (GWG Holdings, Inc.)

Conditions Precedent to each Additional Policy Advance. The making of each Additional Policy Advance is subject to conditions precedent to be determined by the Lenders in their sole and absolute discretion, provided that the conditions precedent for the Third A&R Advance are set forth in Section 7.4.

Appears in 1 contract

Sources: Loan and Security Agreement (GWG Holdings, Inc.)