Certain Credit Extensions Sample Clauses

Certain Credit Extensions. Neither the Lenders nor the Issuer shall be required to make any Credit Extension:
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Certain Credit Extensions. The obligation of:
Certain Credit Extensions. Neither the Lenders nor the Issuer shall be required to make any Credit Extension: (i) which would cause the Outstanding Credit Extensions to DPL to exceed $275,000,000 unless DPL shall have delivered to the Agent a certificate to the effect that (and attaching copies of) all governmental approvals necessary for DPL to have Outstanding Credit Extensions in the applicable amount; or (ii) which would cause the Outstanding Credit Extensions to ACE to exceed $250,000,000 unless ACE shall have delivered to the Agent a certificate to the effect that (and attaching copies of) all governmental approvals necessary for ACE to have Outstanding Credit Extensions in the applicable amount. ARTICLE V
Certain Credit Extensions. Notwithstanding any other provision of this Agreement to the contrary, the obligation of each Lender to make any Credit Extension for the purpose of funding, or providing support for, any Pending Matter Payment, in whole or part, is subject to the further condition precedent that, after giving effect to such Pending Matter Payment, the Company will be in compliance with the Pending Matter Pro Forma Test.

Related to Certain Credit Extensions

  • All Credit Extensions The obligation of each Lender and each Issuer to make any Credit Extension shall be subject to the satisfaction of each of the conditions precedent set forth below.

  • The Commitments and Credit Extensions 2.01 The Loans.

  • Credit Extensions Borrower promises to pay to the order of Bank, in lawful money of the United States of America, the aggregate unpaid principal amount of all Credit Extensions made by Bank to Borrower hereunder. Borrower shall also pay interest on the unpaid principal amount of such Credit Extensions at rates in accordance with the terms hereof.

  • Commitments and Credit Extensions 2.01 Revolving and Term Loans

  • Each Credit Extension The Lenders shall not be required to make any Credit Extension unless on the applicable Credit Extension Date:

  • Initial Credit Extension The Lenders shall not be required to make the initial Credit Extension hereunder unless each of the following conditions is satisfied:

  • Conditions to Credit Extensions SECTION 4.01. Conditions to Initial Credit Extension........................62 SECTION 4.02. Conditions to All Credit Extensions...........................67 ARTICLE V

  • Conditions to all Credit Extensions The obligation of each Lender to honor any Request for Credit Extension (other than a Committed Loan Notice requesting only a conversion of Committed Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following conditions precedent:

  • Incremental Credit Extensions (a) The Borrowers may at any time or from time to time on one or more occasions after the Effective Date request (i) one or more additional Classes of term loans (each, an “Incremental Term Facility”), (ii) one or more additional term loans of the same Class of any existing Class of term loans (each, an “Incremental Term Increase”), (iii) one or more increases in the amount of the Revolving Commitments of any Class (each such increase, an “Incremental Revolving Commitment Increase”) and/or (iv) one or more additional Classes of Revolving Commitments (the “Additional/Replacement Revolving Commitments,” and, together with any Incremental Term Facility, Incremental Term Increase and the Incremental Revolving Commitment Increases, the “Incremental Facilities”); provided that (x) after giving effect to any Incremental Facility Amendment referred to below and at the time that any such Incremental Facility is made or effected, no Event of Default (or, in the case of the incurrence or provision of any Incremental Facility in connection with a Limited Condition Transaction, no Specified Event of Default) shall have occurred and be continuing and (y) in no event shall it be a condition to the effectiveness of, or borrowing under, any Incremental Facility that any representation or warranty of any Loan Party set forth herein be true and correct, except and solely to the extent required by the Additional Lenders providing such Incremental Facility. Notwithstanding anything to the contrary herein, the aggregate principal amount of the Incremental Facilities that can be incurred at any time shall not exceed the Incremental Cap at such time. Each Incremental Facility shall be in a minimum principal amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof (unless the Borrowers and the Administrative Agent otherwise agree); provided that such amount may be less than $5,000,000 if such amount represents all the remaining availability under the aggregate principal amount of Incremental Facilities set forth above.

  • Conditions of Credit Extensions The obligations of the Lenders to make Loans hereunder are subject to the satisfaction of the following conditions:

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