Common use of Conditions of Initial Credit Extensions Clause in Contracts

Conditions of Initial Credit Extensions. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent:

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Fresenius Medical Care AG & Co. KGaA), Bank Credit Agreement (Fresenius Medical Care AG & Co. KGaA), Credit Agreement (Amerigroup Corp)

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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 Extension hereunder is hereunder, are subject to the satisfaction of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Breitburn Energy Partners LP)

Conditions of Initial Credit Extensions. The obligation of each Lender to make its initial Credit Extension hereunder is subject to satisfaction the Borrowers’ fulfillment of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (North American Galvanizing & Coatings Inc), Credit Agreement (North American Galvanizing & Coatings Inc)

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Conditions of Initial Credit Extensions. The obligation of each Lender and the Letter of Credit Issuer to make its any initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Lifecore Biomedical, Inc. \De\)

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