Common use of Conditions Precedent to Initial Loans Clause in Contracts

Conditions Precedent to Initial Loans. The obligation of each Lender to make its initial Loan is subject to the following conditions precedent:

Appears in 4 contracts

Sources: 364 Day Competitive Advance and Revolving Credit Agreement (Cendant Corp), 364 Day Competitive Advance and Revolving Credit Agreement (HFS Inc), Credit Agreement (HFS Inc)

Conditions Precedent to Initial Loans. The obligation of each Lender the Lenders to make its the initial Loan Loans is subject to the following conditions precedent:

Appears in 2 contracts

Sources: Credit Agreement (Applied Optoelectronics, Inc.), Credit Agreement (Warwick Valley Telephone Co)

Conditions Precedent to Initial Loans. The obligation of each the Lender to make its the initial Loan is subject to the following conditions precedent:

Appears in 2 contracts

Sources: Revolving Credit Agreement (Sphere 3D Corp), Credit Agreement (Warwick Valley Telephone Co)

Conditions Precedent to Initial Loans. The obligation of each Lender to make its initial Loan is the Loans hereunder shall be subject to the fulfillment of each of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Edac Technologies Corp)