Common use of Conditions of Initial Credit Extension Clause in Contracts

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form and substance satisfactory to the Administrative Agent:

Appears in 16 contracts

Samples: Credit Agreement (Gruma Sab De Cv), Credit Agreement (Gruma Sab De Cv), Credit Agreement (Team Inc)

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Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form except as otherwise agreed between the Borrower and substance satisfactory to the Administrative Agent:

Appears in 10 contracts

Samples: Term Loan Credit Agreement (SMART Technologies Inc.), Abl Credit Agreement (SMART Technologies Inc.), Credit Agreement

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form except as otherwise agreed between the Lead Borrower and substance satisfactory to the Administrative Agent:

Appears in 4 contracts

Samples: Credit Agreement (Acelity L.P. Inc.), Credit Agreement (Acelity L.P. Inc.), Credit Agreement (Kinetic Concepts Inc)

Conditions of Initial Credit Extension. The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form and substance reasonably satisfactory to the Administrative Agent:Agent (except as otherwise agreed to be delivered on a post-closing basis as provided in Section 6.15):

Appears in 3 contracts

Samples: Credit Agreement (Team Inc), Credit Agreement (Team Inc), Credit Agreement (Team Inc)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form and substance satisfactory to the Administrative Agenthaving been met:

Appears in 3 contracts

Samples: Credit Agreement (American Financial Group Inc), Credit Agreement (Great American Financial Resources Inc), Credit Agreement (American Financial Group Inc)

Conditions of Initial Credit Extension. The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent (unless the Administrative Agent, in form its sole and absolute discretion, determines that the satisfaction of one or more of the following conditions precedent may be satisfied on a post-closing basis pursuant to a Post-Closing Agreement entered into by the Loan Parties and the Administrative Agent in form, scope and substance reasonably satisfactory to the Administrative Agent:):

Appears in 2 contracts

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

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form except as otherwise agreed between the Borrowers and substance satisfactory to the Administrative Agent:

Appears in 2 contracts

Samples: Credit Agreement (Performance Food Group Co), Credit Agreement (Ahny-Iv LLC)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form and substance satisfactory unless otherwise consented to or waived by the Administrative Agent:

Appears in 2 contracts

Samples: Term Loan Agreement (Panera Bread Co), Term Loan Agreement (Panera Bread Co)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form except as otherwise agreed between the Borrower and substance satisfactory to the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Geokinetics Inc)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form precedent, except as otherwise agreed between the Borrower and substance satisfactory to the Administrative Agent:

Appears in 1 contract

Samples: Assignment and Assumption (Performance Food Group Co)

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Conditions of Initial Credit Extension. The obligation of each Lender Agent and the Lenders to make its any initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent in form and substance satisfactory to the Administrative Agentprecedent:

Appears in 1 contract

Samples: Credit and Security Agreement (Katy Industries Inc)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent precedent: (a) The Administrative Agent’s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the signing Loan Party, each dated the Closing Date (or, in the case of certificates of governmental officials, a recent date before the Closing Date) and each in form and substance satisfactory to the Administrative AgentAgent and each of the Lenders:

Appears in 1 contract

Samples: Liquidity Credit Agreement (Tanger Properties LTD Partnership /Nc/)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction the condition that the Administrative Agent shall have received all of the following conditions precedent following, in form and substance satisfactory to the Administrative AgentAgent and each Lender, and in sufficient copies for each Lender:

Appears in 1 contract

Samples: Credit Agreement (Lee Enterprises Inc)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to the satisfaction of the following conditions precedent in form and substance satisfactory to the Administrative Agentconditions:

Appears in 1 contract

Samples: Credit Agreement (White Cap Holdings Inc)

Conditions of Initial Credit Extension. The obligation of the Administrative Agent, each Issuing Lender and each Lender to enter into this Agreement and to make its initial Credit Extension hereunder on the Restatement Date is subject to satisfaction of the following conditions precedent in form and substance satisfactory to the Administrative Agentprecedent:

Appears in 1 contract

Samples: Credit Agreement (SP Plus Corp)

Conditions of Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent precedent: The Administrative Agent’s (or its counsel’s) receipt of the following, each properly executed by a Responsible Officer of the signing Loan Party (as applicable), each in form and substance reasonably satisfactory to the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Dun & Bradstreet Holdings, Inc.)

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