Conditions Precedent to Extensions of Credit. 3.1 Conditions Precedent to Initial Extension of Credit under each of the Credit Facilities. Before the first extension of credit governed by this agreement and any initial advance under any of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:
Appears in 2 contracts
Sources: Credit Agreement (Xhibit Corp.), Credit Agreement (Asure Software Inc)
Conditions Precedent to Extensions of Credit. 3.1 Conditions Precedent to Initial Extension of Credit under each of the Credit Facilities. Before the first extension of credit governed by this agreement and any initial advance under any of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, credit or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:
Appears in 1 contract
Sources: Credit Agreement (Syntel Inc)