Common use of Conditions of Initial Credit Extensions Clause in Contracts

Conditions of Initial Credit Extensions. Subject to Section 5.2, the --------------------------------------- obligation of each Bank to make its initial Loan hereunder are subject to the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank (except where the form and content of a document is specified herein), and in sufficient copies for each Bank:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Johns Manville Corp /New/), Credit Agreement (Johns Manville International Group Inc)

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Conditions of Initial Credit Extensions. Subject to Section 5.2Sections 5.2 --------------------------------------- and 5.3, the --------------------------------------- obligation of each Bank and the Swingline Bank to make its initial Loan hereunder hereunder, and the obligation of the Issuing Bank to Issue its initial Letter of Credit and to include the Existing BofA Letters of Credit herein, are subject to the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank (except where the form and content of a document is specified herein), and in sufficient copies for each Bank:

Appears in 2 contracts

Samples: Revolving Multicurrency Credit Agreement (Johns Manville Corp /New/), Revolving Multicurrency Credit Agreement (Johns Manville International Group Inc)

Conditions of Initial Credit Extensions. Subject to Section 5.2, the --------------------------------------- The obligation of each Bank to make its initial Loan Credit Extension and the obligation of the Issuing Bank to issue the first Letter of Credit, hereunder are is subject to the condition set forth in Section 5.01A and the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank (except where the form and content of a document is specified herein)Bank, and in sufficient copies for each Bank:

Appears in 1 contract

Samples: Credit Agreement (Giant Industries Inc)

Conditions of Initial Credit Extensions. Subject to Section 5.2, the --------------------------------------- The obligation of each Bank to make its initial Loan Credit Extension hereunder are is subject to the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank (except where the form and content of a document is specified herein)Bank, and in sufficient copies for each Bank:Bank (other than the Notes to be delivered pursuant to Section 5.1(a)):

Appears in 1 contract

Samples: Credit Agreement (Storage Technology Corp)

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Conditions of Initial Credit Extensions. Subject to Section 5.2, the --------------------------------------- The obligation of each --------------------------------------- Issuing Bank to make its initial Loan hereunder are issue a Letter of Credit or of any Bank to participate in any Letter of Credit is subject to the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank Bank, and with respect to subsections (except where the form and content of a document is specified hereina) through (d), (f) and (g) in sufficient copies for each Bank:

Appears in 1 contract

Samples: Agreement (Spiegel Inc)

Conditions of Initial Credit Extensions. Subject to Section 5.2, the --------------------------------------- obligation The obligations of each --------------------------------------- Bank to make its initial Loan Credit Extension hereunder and the effectiveness of this Agreement are subject to the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank (except where the form and content of a document is specified herein)Bank, and in sufficient copies for each Bank:

Appears in 1 contract

Samples: Pledge Agreement (Cb Richard Ellis Services Inc)

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