Common use of PRE-CLOSING CONDITIONS Clause in Contracts

PRE-CLOSING CONDITIONS. The obligation of the Lender to advance funds at the Loan Closing Date hereof is subject to the condition precedent that, on or before the date of such advance, the Lender shall have received the following:

Appears in 2 contracts

Sources: Convertible Loan Agreement (Freepcsquote Com), Convertible Loan Agreement (Simtek Corp)