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Common use of CONDITIONS PRECEDENT TO INITIAL AND ALL LOANS Clause in Contracts

CONDITIONS PRECEDENT TO INITIAL AND ALL LOANS. The obligation of Lender to make each Loan will be subject to the satisfaction of all the following additional conditions precedent:

Appears in 2 contracts

Sources: Revolving Convertible Credit Agreement (Security Intelligence Technologies Inc), Revolving Credit Agreement (Security Intelligence Technologies Inc)

Related Clauses

  • Conditions Precedent to Initial Loans
  • Conditions Precedent to Initial Loan
  • Conditions Precedent to Initial Advances
  • Conditions Precedent to All Loans
  • Conditions Precedent to Initial Advance

Parent Clauses

  • Conditions Precedent

Sub-Clauses

  • INCUMBENCY AND SIGNATURE CERTIFICATE OF THE BORROWER
  • AGREEMENT AND NOTE
  • EVIDENCE OF ALL CORPORATE ACTION BY THE BORROWER
  • BENEFICIAL OWNERSHIP CERTIFICATION
  • LETTERS OF GUARANTEE
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