Common use of Conditions to Each Supplement Clause in Contracts

Conditions to Each Supplement. Lead Lender’s obligation to extend credit under each Supplement, including the initial Supplement, is subject to the conditions precedent that Agent receive, in form and content satisfactory to Agent, each of the following:

Appears in 3 contracts

Sources: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Granite Falls Energy, LLC), Master Loan Agreement (Golden Grain Energy)

Conditions to Each Supplement. Lead Lender’s Lenders obligation to extend credit under each Supplement, including the initial Supplement, is subject to the conditions precedent that Agent receive, in form and content satisfactory to Agent, each of the following:

Appears in 1 contract

Sources: Master Loan Agreement (Lincolnway Energy, LLC)