Common use of Initial Conditions Precedent Clause in Contracts

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 7 contracts

Sources: Facility Agreement (Utah Medical Products Inc), Facility Agreement (Far East Energy Corp), Facility Agreement (China Security & Surveillance Technology, Inc.)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 7 contracts

Sources: Facility Agreement (Daqo New Energy Corp.), Facility Agreement, Facility Agreement (VNG LTD)

Initial Conditions Precedent. The Borrower may not deliver a the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the LenderLender or to the extent it has not received the same, it has waived receipt of the same. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 3 contracts

Sources: Single Currency Interim Revolving Working Capital Support Facility Agreement, Single Currency Interim Revenue Support Facility Agreement, Single Currency Interim Capital Support Facility Agreement

Initial Conditions Precedent. The Borrower Borrowers may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part A of Schedule 1 2 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 3 contracts

Sources: Term Loan Facility (Seanergy Maritime Holdings Corp.), Term Loan Facility (Castor Maritime Inc.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance reasonably satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 2 contracts

Sources: Facility Agreement (China TransInfo Technology Corp.), Facility Agreement (Harbin Electric, Inc)

Initial Conditions Precedent. The Borrower may not deliver a the Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 2 contracts

Sources: Facility Agreement (Sun Wise (UK) Co., LTD), Margin Loan Facility Agreement (E-House (China) Holdings LTD)

Initial Conditions Precedent. The Borrower Borrowers may not deliver a the Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part A of Schedule 1 2 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 2 contracts

Sources: Facility Agreement (Seanergy Maritime Holdings Corp.), Term Loan Facility Agreement (Seanergy Maritime Holdings Corp.)

Initial Conditions Precedent. The Borrower may not deliver a No Utilisation Request shall be delivered by the Borrower unless the Lender has confirmed that it has received all of the documents and other evidence listed in Part 1 of Schedule 1 (General Conditions precedent) in form and substance satisfactory to Precedent), or as the case may be, have been waived by the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (Heidmar Maritime Holdings Corp.), Amendment and Restatement Agreement to Working Capital Borrowing Base Facility Agreement (Heidmar Maritime Holdings Corp.)

Initial Conditions Precedent. The Borrower may not deliver a the Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part A of Schedule 1 2 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Term Loan Facility (Okeanis Eco Tankers Corp.)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in and appearing to comply with the requirements of Schedule 1 (Conditions precedent) Precedent), each in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfiedreceiving such documents and other evidence.

Appears in 1 contract

Sources: Facility Agreement (Xunlei LTD)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part I of Schedule 1 2 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Cheng Zheng)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part A of Schedule 1 (Part A Conditions precedentPrecedent to submission of Utilisation Request) in form and substance reasonably satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfiedreceiving such documents and other evidence.

Appears in 1 contract

Sources: Loan Facility Agreement (Charm Communications Inc.)

Initial Conditions Precedent. The Borrower may not deliver a the Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part A of Schedule 1 2 (Conditions precedentPrecedent and Conditions Subsequent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Secured Term Loan Facility (United Maritime Corp)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received (or in accordance with Clause 5.3 (Waiver or Deferral of Conditions Precedent), waived or deferred receipt, of) all of the documents and other evidence listed in Schedule 1 2 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Lesaka Technologies Inc)

Initial Conditions Precedent. The Borrower may not deliver a the Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance reasonably satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Guoren Industrial Developments LTD)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Utilization Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Secured Revolving Facility Agreement (Klondex Mines LTD)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied. For the avoidance of doubt, the Borrower shall not be obliged to submit any of the documents listed in Schedule 1 (Conditions precedent) where such documents have already been submitted to the Lender in relation to any previous Utilisation Request.

Appears in 1 contract

Sources: Facility Agreement

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part 1 of Schedule 1 (Conditions precedentprecedent and conditions subsequent) in form and substance satisfactory to the Lender, unless the Lender has otherwise waived such Part 1 of Schedule 1 requirement (the date the Lender notifies the Borrower being the “Closing Date”). The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Pre Export Financing Agreement (Sigma Lithium Corp)

Initial Conditions Precedent. The No Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part I of Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the relevant Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Westway Group, Inc.)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower Borrowe r promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (CALGON CARBON Corp)

Initial Conditions Precedent. The Borrower Borrowers may not deliver a the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule Part I (Initial conditions precedent to delivery of Utilisation Request) of SCHEDULE 1 (Conditions precedentPrecedent and Subsequent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower Borrowers promptly upon being so satisfied.

Appears in 1 contract

Sources: Secured Loan Agreement (Euroseas Ltd.)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received received, or is reasonably satisfied that it will receive, all of the documents and other evidence listed in Schedule 1 (Conditions precedentprecedent to Utilisation) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.. [[NYCORP:3619122v1:4472W: 10/03/2016--02:04 PM]]

Appears in 1 contract

Sources: Loan Agreement (Mylan N.V.)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received (or waived) all of the documents and other evidence listed in and appearing to comply with the requirements of Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the LenderLender (acting reasonably). The Lender shall notify the Borrower and the Financial Advisers promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedentPrecedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Cordlife Group LTD)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 schedule 2 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfiedit.

Appears in 1 contract

Sources: Portfolio Risk Sharing Facility Agreement

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 2 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Bridge Facility Agreement (SBS Broadcasting S A)

Initial Conditions Precedent. The Borrower Borrowers may not deliver a the first Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 2 (Conditions precedent) in form and substance satisfactory to except those documents which specifically will only be available on the LenderUtilisation Date or within another specified date. The Lender shall notify the Borrower Borrowers promptly upon being so satisfied.

Appears in 1 contract

Sources: Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.)

Initial Conditions Precedent. The No Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Part I of Schedule 1 2 (Conditions precedentPrecedent) in form and substance satisfactory to the Lenderit. The Lender shall notify the Borrower Company promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Amerisourcebergen Corp)

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the Lender. The Lender shall notify the Borrower promptly upon upon, and in any event within five Business Days of, being so satisfied.

Appears in 1 contract

Sources: Facility Agreement

Initial Conditions Precedent. The Borrower may not deliver a Utilisation Request unless the Lender has received all of the documents and other evidence listed in Schedule 1 (Conditions precedent) in form and substance satisfactory to the LenderLender or to the extent it has not received the same, it has waived receipt of the same. The Lender shall notify the Borrower promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Net 1 Ueps Technologies Inc)