Common use of Conditions of Initial Advance Clause in Contracts

Conditions of Initial Advance. The obligation of the Lender to make the initial Advance under the Revolving Credit Facility, and of the Issuing Bank to issue any additional Letter of Credit, is subject to the conditions precedent that:

Appears in 4 contracts

Samples: Credit and Reimbursement Agreement (World Fuel Services Corp), Revolving Credit and Reimbursement Agreement (World Fuel Services Corp), Credit Agreement (World Fuel Services Corp)

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Conditions of Initial Advance. The obligation of the Lender to make the initial Advance under the Revolving Credit Facility, and of the Issuing Bank to issue any additional Letter of Credit, is subject to the conditions precedent that:

Appears in 1 contract

Samples: Credit Agreement (Pan Am Corp /Fl/)

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