Common use of Conditions of Initial Borrowing Clause in Contracts

Conditions of Initial Borrowing. The occurrence of the Closing Date, the effectiveness of this Agreement and the obligation of each Lender to make its initial Loan hereunder is subject to satisfaction of the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (Sonoco Products Co), Credit Agreement (Sonoco Products Co), Credit Agreement (Sonoco Products Co)

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Conditions of Initial Borrowing. The occurrence of the Closing Date, the initial effectiveness of this Agreement and the obligation of each Lender to make its initial Loan Borrowing hereunder is subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Construction Facility Credit Agreement (Cousins Properties Inc)

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