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 Closing Date, is subject to the satisfaction of the following conditions precedent: (a) The Administrative Agent shall have received the following, each dated as of the Closing Date (unless otherwise specified) and, except for the Notes, in sufficient copies for each Lender:

Appears in 1 contract

Samples: Credit Agreement (Hilb Rogal & Hobbs Co)

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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 to issue Letters of Credit hereunder on the Closing Date, is subject to the satisfaction of the following conditions precedent: (a) The Administrative Agent shall have received the following, each dated as of the Closing Date (unless otherwise specified) and, except for the NotesNotes and any certificates or instruments required to be delivered under the Pledge and Security Agreement, in sufficient copies for each Lender:

Appears in 1 contract

Samples: Credit Agreement (Lason 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 Credit, if any, hereunder on the Closing Date, is subject to the satisfaction or written waiver of the following conditions precedent: precedent (a) The Administrative Agent shall have received subject to the following, each dated as last paragraph of the Closing Date (unless otherwise specified) and, except for the Notes, in sufficient copies for each Lender:this Section 4.01):

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

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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 to issue Letters of Credit hereunder on the Closing Date, is subject to the satisfaction of the following conditions precedent: (a) The Administrative Agent shall have received the following, each dated as of the Closing Date (unless otherwise specified) and, except for and in such number of copies as the Notes, in sufficient copies for each LenderAdministrative Agent shall have requested:

Appears in 1 contract

Samples: Credit Agreement (Dj Orthopedics Inc)

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