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Common use of Conditions Precedent to Extensions of Credit Clause in Contracts

Conditions Precedent to Extensions of Credit. 3.1 The following conditions must be satisfied before any extension of credit governed by this agreement must be made by the Bank:

Appears in 6 contracts

Sources: Credit Agreement (Northern Technologies International Corp), Credit Agreement (Tandy Leather Factory Inc), Credit Agreement (Satellogic Inc.)

Related Clauses

  • Conditions Precedent to all Extensions of Credit
  • Conditions Precedent to Each Extension of Credit
  • Conditions Precedent to Credit Extensions
  • Conditions Precedent to all Credit Extensions
  • Conditions Precedent to Loans and Letters of Credit

Parent Clauses

  • CONDITIONS TO EXTENSIONS OF CREDIT
  • AFFIRMATIVE COVENANTS
  • Conditions Precedent
  • Good Standing Matters
  • Confession of Judgment

Sub-Clauses

  • Loan Documents
  • Representations
  • No Prohibition or Onerous Conditions
  • No Event of Default
  • Organizational and Authorizing Documents
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