Additional Initial Conditions Precedent Sample Clauses

Additional Initial Conditions Precedent. In addition to the satisfaction of the conditions precedent set forth in Section 3.1 and Section 3B.1, the obligation of each Canadian Bank to make Canadian Advances and the obligation of each Canadian L/C Issuer to issue Canadian Letters of Credit pursuant to the terms and conditions of this Agreement is subject to the additional condition precedent that the Canadian Administrative Agent shall have received the following, each dated on or before the date hereof, in form and substance reasonably satisfactory to the Canadian Administrative Agent:
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Additional Initial Conditions Precedent. In addition to the satisfaction of the conditions precedent set forth in Section 3.1 and 3A.1, the obligation of each UK Bank to make Sterling Advances and the obligation of each Sterling L/C Issuer to issue Sterling Letters of Credit pursuant to the terms and conditions of this Agreement is subject to the additional condition precedent that the UK Administrative Agent shall have received the following, each dated on or before the date hereof, in form and substance reasonably satisfactory to the UK Administrative Agent:
Sample 1Sample 2See All (4)
Additional Initial Conditions Precedent. 1. A legal opinion of Xxxxxxx Nørager Law Firm, legal advisers in the Kingdom of Denmark addressed to the Mandated Lead Arranger in relation to the ECA Support Document.
Sample 1Sample 2

Related to Additional Initial Conditions Precedent

  • Initial Conditions Precedent The obligation of the Lenders to effect or permit the occurrence of the first Credit Event hereunder, whether as the making of a Loan or the issuance of a Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

  • Additional Conditions Precedent No Lender has any obligation to make any Loan (including its first), and LC Issuer has no obligation to issue any Letter of Credit (including its first), unless the following conditions precedent have been satisfied:

  • Conditions Precedent The effectiveness of this Amendment is subject to the satisfaction of all of the following conditions precedent:

  • General conditions precedent The agreement of the Finance Parties referred to in clause 2 (Agreement of the Finance Parties) shall be further subject to:

  • Purchaser’s Conditions Precedent Except as may be waived in writing by Purchaser, the obligations of Purchaser hereunder are subject to the fulfillment at or prior to the Closing of each of the following conditions:

  • Mutual Conditions Precedent The obligations of the Parties to complete the transactions contemplated by this Agreement are subject to the fulfillment, on or before the Effective Time, of each of the following conditions precedent, each of which may only be waived with the mutual consent of the Parties:

  • Seller’s Conditions Precedent The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Buyer’s Conditions Precedent The obligations of Buyer to consummate the transactions contemplated by this Agreement are subject to the satisfaction or waiver, at or prior to the Closing Date, of each of the following conditions precedent:

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!