Conditions of Initial Credit Extensions. The effectiveness of this Agreement and the obligation of each Lender to make its initial Loan hereunder and the obligation of the Issuing Lender to issue Letters of Credit hereunder, are subject to the condition that the Administrative Agent shall have received all of the following, in form and substance satisfactory to the Administrative Agent, and in sufficient copies for each Lender:
Appears in 3 contracts
Samples: Credit Agreement (Ivanhoe Energy Inc), Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)
Conditions of Initial Credit Extensions. The effectiveness of this Agreement and the obligation of each Lender to amend and restate the Existing Credit Agreement and to make its initial Loan hereunder and the obligation of the Issuing Lender to issue Letters its initial Letter of Credit hereunder, hereunder are subject to the condition that the Administrative Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Administrative AgentAgent and each Lender, and in sufficient copies for each Lender:
Appears in 2 contracts
Samples: Credit Agreement (Midstates Petroleum Company, Inc.), Credit Agreement (Midstates Petroleum Company, Inc.)
Conditions of Initial Credit Extensions. The effectiveness of this Agreement and the obligation of each Lender to make its initial Loan hereunder and the obligation of the Issuing Lender to issue Letters of Credit hereunder, are subject to the condition that the Administrative Agent shall have received all of the following, in form and substance satisfactory to the Administrative Agent, and in sufficient copies for each Lender:
Appears in 2 contracts
Samples: Credit Agreement (BreitBurn Energy Partners L.P.), Credit Agreement (BreitBurn Energy Partners L.P.)
Conditions of Initial Credit Extensions. The effectiveness of this Agreement and the obligation of each Revolving Lender to make its initial Loan hereunder and the obligation of the Issuing Lender to issue Letters its initial Letter of Credit hereunder, hereunder are subject to the condition that the Administrative Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Administrative AgentAgent and each Revolving Lender, and in sufficient copies for each Revolving Lender:
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Midstates Petroleum Company, Inc.)
