CONDITIONS PRECEDENT AT INITIAL BORROWING DATE. The obligation of the Lenders to make Loans, and of any Letter of Credit Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Initial Borrowing Date as indicated below:
Appears in 1 contract
Samples: Credit Agreement (First Union Real Estate Equity & Mortgage Investments)
CONDITIONS PRECEDENT AT INITIAL BORROWING DATE. The obligation of the Lenders to make Loans, and of any Letter of Credit Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Initial Borrowing Date as indicated belowDate:
Appears in 1 contract
CONDITIONS PRECEDENT AT INITIAL BORROWING DATE. The obligation of the Lenders to make Term Loans and/or Revolving Loans, and of any Letter of Credit Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Initial Borrowing Date as indicated belowDate:
Appears in 1 contract
Samples: Credit Agreement (Safety Components International Inc)
CONDITIONS PRECEDENT AT INITIAL BORROWING DATE. The obligation of the Lenders to make Revolving Loans, and of any Letter of Credit Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Initial Borrowing Date as indicated belowDate:
Appears in 1 contract
Samples: Credit Agreement (Essef Corp)
