Common use of Conditions of Initial Credit Extensions Clause in Contracts

Conditions of Initial Credit Extensions. The obligations of the Lenders to make the initial Loans and of the Issuing Lender to issue or continue its initial Letters of Credit hereunder shall not become effective until the date on which the Administrative Agent and the Collateral Agent shall have received each of the following documents, each of which shall be satisfactory to the Administrative Agent in form and substance (or such condition shall have been waived in accordance with Section 10.05):

Appears in 3 contracts

Samples: Credit Agreement (HMS Holdings Corp), Credit Agreement (HMS Holdings Corp), Credit Agreement (HMS Holdings Corp)

AutoNDA by SimpleDocs

Conditions of Initial Credit Extensions. The obligations of the Lenders to make the its initial Loans and of the Issuing Lender Lenders to issue or continue its initial Letters of Credit hereunder shall not become effective until the date on which the Administrative Agent and the Collateral Agent shall have received each of the following documents, each of which shall be satisfactory to the Administrative Agent in form and substance (or such condition shall have been waived in accordance with Section 10.0510.02):

Appears in 1 contract

Samples: Credit Agreement (1 800 Flowers Com Inc)

Conditions of Initial Credit Extensions. The obligations of the Lenders to make the its initial Loans and of the Issuing Lender to issue or continue its initial Letters of Credit hereunder shall not become effective until the date on which the Administrative Agent and the Collateral Agent shall have received each of the following documents, each of which shall be satisfactory to the Administrative Agent in form and substance (or such condition shall have been waived in accordance with Section 10.0510.02):

Appears in 1 contract

Samples: Credit Agreement (Cdi Corp)

AutoNDA by SimpleDocs

Conditions of Initial Credit Extensions. The obligations of the Lenders to make the its initial Loans and of the Issuing Lender to issue or continue its initial Letters of Credit hereunder shall not become effective until the date on which the Administrative Agent and the Collateral Agent shall have received each of the following documents, each of which shall be satisfactory to the Administrative Agent in form and substance (or such condition shall have been waived in accordance with Section 10.0510.02):

Appears in 1 contract

Samples: Credit Agreement (HMS Holdings Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!