Common use of Conditions to Initial Advance Clause in Contracts

Conditions to Initial Advance. The obligation of Lender to make the initial Advance is subject to the satisfaction, in the sole discretion of Lender, at or prior to the first Advance hereunder, of each, every and all of the following conditions:

Appears in 5 contracts

Sources: Revolving Loan and Security Agreement (Berry Corp (Bry)), Revolving Loan and Security Agreement (Snail, Inc.), Revolving Loan and Security Agreement

Conditions to Initial Advance. The obligation of the ----------------------------- Lender to make the initial Advance is subject to the satisfaction, in the sole discretion of Lender, at or prior to the first Advance hereunder, of each, every and all satisfaction of the following conditions:

Appears in 1 contract

Sources: Loan Agreement (Sulzer Medica Usa Holding Co)