Common use of CONDITIONS TO LENDER'S OBLIGATION TO FUND THE BORROWING REQUEST ON THE INITIAL CLOSING DATE Clause in Contracts

CONDITIONS TO LENDER'S OBLIGATION TO FUND THE BORROWING REQUEST ON THE INITIAL CLOSING DATE. Lender's obligation to fund the Borrowing request hereunder on the Initial Closing Date shall be subject to the satisfaction, prior to funding such Borrowing request, of the following conditions:

Appears in 1 contract

Sources: Credit and Security Agreement (Edison Schools Inc)

CONDITIONS TO LENDER'S OBLIGATION TO FUND THE BORROWING REQUEST ON THE INITIAL CLOSING DATE. The Lender's obligation to fund the Borrowing request hereunder on the Initial Closing Date shall be subject to the satisfaction, prior to funding such Borrowing request, of the conditions set forth in Section 5 hereof, as well as the following conditions:

Appears in 1 contract

Sources: Credit and Security Agreement (Edison Schools Inc)