Common use of CONDITIONS OF EACH EXTENSION OF CREDIT Clause in Contracts

CONDITIONS OF EACH EXTENSION OF CREDIT. The obligation of Bank to make any Loan (including any Loan being made by Bank on the Closing Date) and of Bank to issue any Letter of Credit shall be subject to the further conditions precedent that:

Appears in 3 contracts

Samples: Credit Agreement (Ajay Sports Inc), Credit Agreement (Williams Controls Inc), Credit Agreement (Praegitzer Industries Inc)

AutoNDA by SimpleDocs

CONDITIONS OF EACH EXTENSION OF CREDIT. The obligation of Bank to make any Loan (including any Loan being made by Bank on the Closing Date) and ), other than a continuation or conversion of Bank to issue any Letter of Credit a Loan as provided in Section 2.3(a), shall be subject to the further conditions precedent that:

Appears in 1 contract

Samples: Credit Agreement (Columbia Sportswear Co)

AutoNDA by SimpleDocs

CONDITIONS OF EACH EXTENSION OF CREDIT. The obligation of Bank each Lender to make any Loan (including any Loan being made by Bank such Lender on the Closing Date) and of the L/C Bank to issue any Letter of Credit shall be subject to the further conditions precedent that:

Appears in 1 contract

Samples: Credit Agreement (Praegitzer Industries Inc)

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