Common use of Conditions Precedent to the Advance Clause in Contracts

Conditions Precedent to the Advance. The obligation of the Lender to make the Advance is subject to the condition precedent that the Lender shall have received, in form and substance satisfactory to the Lender:

Appears in 4 contracts

Sources: Loan and Security Agreement (Steel Partners Ii Lp), Loan and Security Agreement (WHX Corp), Subordinated Loan and Security Agreement (WHX Corp)

Conditions Precedent to the Advance. The obligation of the Lender to make the an Advance is subject to the condition precedent that the Lender shall have received, in form and substance satisfactory to the Lender:

Appears in 1 contract

Sources: Loan and Security Agreement (Secure Alliance Holdings Corp)