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 prior satisfaction (or waiver in writing), as determined by L▇▇▇▇▇, of each of the following conditions precedent as of the date hereof and to the Lender’s continued satisfaction on the date hereof: (a) Lender shall have received in form and substance satisfactory to the Lender: (i) a Note representing the aggregate amount of the Term Loan, duly executed by the Borrower and payable to the order of the Lender; (ii) this Agreement, duly executed by the Borrower; (iii) confirmation from the Borrower regarding the adoption of resolutions of the board of directors or others performing similar functions with respect to such corporation or other organization, as applicable, of the Borrower approving and authorizing the execution, delivery, and performance by the Borrower of each Loan Document, the notices and other documents to be delivered by the Borrower pursuant to each Loan Document to which it is a party, and the transactions contemplated thereunder; and (iv) such other documents and instruments with respect to the transactions contemplated hereby as the Lender may reasonably request.

Conditions Precedent to the Advance. The obligation of the Lender to make the Advance is subject to the prior satisfaction (or waiver in writing), as determined by L▇▇▇▇▇Lender, of each of the following conditions precedent as of the date hereof and to the Lender’s continued satisfaction on the date hereof: (a) : Lender shall have received in form and substance satisfactory to the Lender: (i) : a Note representing the aggregate amount of the Term Loan, duly executed by the Borrower and payable to the order of the Lender; (ii) ; this Agreement, duly executed by the Borrower; (iii) ; confirmation from the Borrower regarding the adoption of resolutions of the board of directors or others performing similar functions with respect to such corporation or other organization, as applicable, of the Borrower approving and authorizing the execution, delivery, and performance by the Borrower of each Loan Document, the notices and other documents to be delivered by the Borrower pursuant to each Loan Document to which it is a party, and the transactions contemplated thereunder; and (iv) and such other documents and instruments with respect to the transactions contemplated hereby as the Lender may reasonably request.