Common use of Conditions to Closing and Initial Loans Clause in Contracts

Conditions to Closing and Initial Loans. The obligation of the Lenders to make any Revolving Loan hereunder is subject to the satisfaction of, or waiver of, prior to or concurrently with the making of such Revolving Loan, the following conditions precedent:

Appears in 2 contracts

Sources: Credit Agreement (Sterile Recoveries Inc), Syndication Amendment and Assignment (Sterile Recoveries Inc)