Common use of Conditions of Initial Borrowing Clause in Contracts

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make its initial Borrowing hereunder is subject to satisfaction of the following conditions precedent:

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make its initial Borrowing portion of the Term Loan to be advanced on the Closing Date hereunder is subject to satisfaction of the following conditions precedent:

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each the Lender to make its initial Borrowing Loans hereunder is subject to satisfaction (or waiver) of the following conditions precedent:

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make its initial Borrowing hereunder is subject to satisfaction of the following conditions precedent:: (a) Loan Documents. Receipt by the Administrative Agent of executed counterparts of this Agreement and the other Loan Documents, each properly executed by a Responsible Officer of the Borrower and, in the case of this Agreement, by each Lender.

Conditions of Initial Borrowing. This Agreement shall become effective upon and the obligation of each Lender to make its initial Borrowing hereunder Loans to be advanced on the Closing Date is subject to satisfaction of the following conditions precedent: