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:
Appears in 3 contracts
Samples: Credit Agreement (Voya PRIME RATE TRUST), Credit Agreement (Voya PRIME RATE TRUST), Credit Agreement (Voya PRIME RATE TRUST)
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 when the following conditions precedentare satisfied:
Appears in 2 contracts
Samples: Credit Agreement (Old Dominion Freight Line Inc/Va), Credit Agreement (Old Dominion Freight Line Inc/Va)
Conditions of Initial Borrowing. This The effectiveness of this Agreement shall become effective upon and the obligation of each Lender to make its initial Borrowing Loan hereunder is are all subject to satisfaction of the following conditions precedent:
Appears in 2 contracts
Samples: Term Loan Agreement (Agree Realty Corp), Term Loan Agreement (Agree Realty Corp)
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. (b)
Appears in 1 contract
Conditions of Initial Borrowing. This The effectiveness of this Agreement shall become effective upon and the obligation of each Lender to make its initial Borrowing hereunder is are subject to the satisfaction or waiver of the following conditions precedent:
Appears in 1 contract
Samples: Credit Agreement (Creative Media & Community Trust Corp)
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:
Appears in 1 contract
Samples: Credit Agreement (Syntel Inc)
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:
Appears in 1 contract