Common use of Conditions Precedent to Initial Advance Clause in Contracts

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: (a) this Agreement;

Appears in 2 contracts

Sources: Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Jetfax Inc)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: : (a) this Agreement;

Appears in 2 contracts

Sources: Loan and Security Agreement (Versata Inc), Loan and Security Agreement (Sequus Pharmaceuticals Inc)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: (a) this Agreement;:

Appears in 2 contracts

Sources: Loan and Security Agreement (Ag Associates Inc), Loan and Security Agreement (Concord Communications Inc)

Conditions Precedent to Initial Advance. The obligation of --------------------------------------- Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: (a) this Agreement;:

Appears in 1 contract

Sources: Loan and Security Agreement (Manhattan Associates Inc)

Conditions Precedent to Initial Advance. The obligation of either Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that such Bank shall have received, in form and substance satisfactory to such Bank, the following: (a) this Agreement;:

Appears in 1 contract

Sources: Loan Agreement (Centigram Communications Corp)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: : (a) this Agreement; (b) a certificate of the Secretary of Borrower with respect to articles, bylaws, incumbency and resolutions authorizing the execution and delivery of this Agreement; (c) the Notes; (d) the Negative Pledge Agreement;

Appears in 1 contract

Sources: Loan and Security Agreement (Freemarkets Inc)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: : (a) this Agreement; (b) a certificate of the Secretary of Borrower with respect to incumbency and

Appears in 1 contract

Sources: Loan and Security Agreement (Accrue Software Inc)

Conditions Precedent to Initial Advance. The obligation of the Bank --------------------------------------- to make the initial Advance hereunder is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: (a) this Agreement;following conditions precedent:

Appears in 1 contract

Sources: Warehousing Loan Agreement (Doral Financial Corp)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: : (a) this Agreement; (b) a certificate of the Secretary of Borrower with respect to articles, bylaws, incumbency and resolutions authorizing the execution and delivery of this Agreement; (c) financing statements (Forms UCC-1); (d) insurance certificate; (e) payment of the fees and Bank Expenses then due specified in Section 2.5 hereof;

Appears in 1 contract

Sources: Loan and Security Agreement (Systemsoft Corp)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: (a) this Agreement;

Appears in 1 contract

Sources: Loan Agreement (Phoenix Technologies LTD)

Conditions Precedent to Initial Advance. The obligation of Bank --------------------------------------- to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following: : (a) this Agreement; (b) a certificate of the Secretary of Borrower with respect to incumbency and resolutions authorizing the execution and delivery of this Agreement;

Appears in 1 contract

Sources: Loan and Security Agreement (Verity Inc \De\)