Common use of Conditions of Initial Borrowing Clause in Contracts

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender to issue Letters of Credit hereunder on the Restatement Effective Date, is subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Old Dominion Freight Line Inc/Va), Credit Agreement (Old Dominion Freight Line Inc/Va)

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Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender Bank to issue Letters the Letter of Credit hereunder on the Restatement Effective Date, Closing Date hereunder is subject to the satisfaction of the following conditions precedent:precedent each in form and substance reasonably satisfactory to the Administrative Agent (acting on the instructions of all Lenders and the Issuing Bank):

Appears in 2 contracts

Samples: Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.)

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the any initial Borrowing hereunder, and the obligation of the any Issuing Lender Bank to issue any Letters of Credit hereunder on the Restatement Effective Closing Date, is subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Crawford & Co), Credit Agreement (Crawford & Co)

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender to issue Letters of Credit hereunder on the Restatement Effective Closing Date, is subject to the satisfaction or written waiver of the following conditions precedent:The Administrative Agent shall have received the following, each dated as of the Closing Date (unless otherwise specified):

Appears in 1 contract

Samples: Credit Agreement

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the any Issuing Lender to issue Letters of Credit hereunder on the Restatement Effective Closing Date, is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Manning & Napier, Inc.)

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender Lenders to issue Letters of Credit hereunder on the Restatement Effective Date, is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Old Dominion Freight Line, Inc.)

Conditions of Initial Borrowing. The obligation of each Lender to make ------------------------------- Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender to issue Letters of Credit hereunder on the Restatement Effective Closing Date, is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Pledge and Security Agreement (Petersen Companies Inc)

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Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender Lenders to issue Letters of Credit Credit, if any, hereunder on the Restatement Effective Closing Date, is subject to the satisfaction or written waiver of the following conditions precedent:precedent (subject to the last paragraph of this Section 4.01):

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender to issue Letters of Credit hereunder on the Restatement Effective Initial Closing Date, is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (St Joe Co)

Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial Borrowing hereunder, and the obligation of the Issuing Lender to issue Letters of Credit hereunder on the Restatement Effective Closing Date, is subject to the satisfaction or written waiver of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Metaldyne Performance Group Inc.)

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