Common use of Conditions Precedent to Initial Loans Clause in Contracts

Conditions Precedent to Initial Loans. The obligations of the Banks to make the Initial Loans to the Borrowers hereunder are subject, at the time of the making of each such Initial Loans (except as otherwise hereinafter indicated), to the substantially contemporaneous satisfaction of the following conditions:

Appears in 3 contracts

Sources: Credit Agreement (Morris Material Handling Inc), Credit Agreement (MMH Holdings Inc), Credit Agreement (MMH Holdings Inc)

Conditions Precedent to Initial Loans. The obligations of the Banks to make the Initial Loans to the Borrowers hereunder are subject, at the time of the making of each such Initial Loans (except as otherwise hereinafter indicated), to the substantially contemporaneous satisfaction of the following conditions:

Appears in 3 contracts

Sources: Credit Agreement (Color Spot Nurseries Inc), Credit Agreement (Color Spot Nurseries Inc), Credit Agreement (Color Spot Nurseries Inc)

Conditions Precedent to Initial Loans. The obligations of the Banks to make the Initial Loans to the Borrowers Borrower hereunder are subject, at the time of the making of each such Initial Loans Loan (except as otherwise hereinafter indicated), to the substantially contemporaneous satisfaction of the following conditions:

Appears in 3 contracts

Sources: Credit Agreement (Styling Technology Corp), Credit Agreement (Styling Technology Corp), Credit Agreement (Wheels Sports Group Inc)

Conditions Precedent to Initial Loans. The obligations of the Banks to make the Initial Loans to the Borrowers Borrower hereunder are subject, at the time of the making of each such Initial Loans Loan (except as otherwise hereinafter indicated), to the substantially contemporaneous satisfaction of the following conditions:

Appears in 2 contracts

Sources: Credit Agreement (Carson Inc), Credit Agreement (Carson Inc)

Conditions Precedent to Initial Loans. The obligations of the ------------------------------------- Banks to make the Initial Loans to the Borrowers Borrower hereunder are subject, at the time of the making of each such Initial Loans Loan (except as otherwise hereinafter indicated), to the substantially contemporaneous satisfaction of the following conditions:

Appears in 1 contract

Sources: Credit Agreement (Carson Products Co)