Conditions Precedent for the Benefit of Lenders Sample Clauses

Conditions Precedent for the Benefit of Lenders. All conditions precedent to the obligations of the Lenders to make any Loan are imposed hereby solely for the benefit of the Lenders, and no other Person may require satisfaction of any such condition precedent or be entitled to assume that the Lenders will refuse to make any Loan in the absence of strict compliance with such conditions precedent.
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Conditions Precedent for the Benefit of Lenders. All conditions precedent to the obligations of the Lenders to restructure, modify and/or continue the Prior Debt are imposed hereby solely for the benefit of the Lenders, and no other Person may require satisfaction of any such condition precedent or be entitled to assume that the Lenders will refuse to restructure, modify and/or continue any Loan in the absence of strict compliance with such conditions precedent.
Sample 1
Conditions Precedent for the Benefit of Lenders. All conditions precedent to the obligations of the Tranche A Lenders to make any Tranche A Loan or to issue, renew or extend any Letter of Credit are imposed hereby solely for the benefit of the Tranche A Lenders, and no other Person (including, without limitation, any Tranche B Lender) may require satisfaction of any such condition precedent or be entitled to assume that the Tranche A Lenders will refuse to make any Tranche A Loan or issue, renew or extend any Letter of Credit in the absence of strict compliance with such conditions precedent. All conditions precedent to the obligations of the Tranche B Lenders to make any Tranche B Loan are imposed hereby solely for the benefit of the Tranche B Lenders, and no other Person (including, without limitation, any Tranche A Lender) may require satisfaction of any such condition precedent or be entitled to assume that the Tranche B Lenders will refuse to make any Tranche B Loan in the absence of strict compliance with such conditions precedent.
Sample 1

Related to Conditions Precedent for the Benefit of Lenders

  • Conditions Precedent to All Credit Events The obligation of each Lender to make Loans (including Loans made on the Initial Borrowing Date), and the obligation of each Issuing Lender to issue Letters of Credit (including Letters of Credit issued on the Initial Borrowing Date), is subject, at the time of each such Credit Event (except as hereinafter indicated), to the satisfaction of the following conditions:

  • Conditions Precedent to Effectiveness of Agreement Each of the following is a condition precedent to the effectiveness of this Agreement:

  • Conditions Precedent to All Borrowings The obligation of each Lender to make an Advance on the occasion of each Borrowing and of the Issuing Lender to issue, increase, or extend any Letter of Credit shall be subject to the further conditions precedent that on the date of such Borrowing or the date of the issuance, increase, or extension of such Letter of Credit:

  • Conditions Precedent to Each Credit Event The occurrence of each Credit Event (including the initial Borrowing) is subject to the further conditions that:

  • Conditions Precedent to all Transactions Buyer’s agreement to enter into each Transaction (including the initial Transaction) is subject to the satisfaction of the following further conditions precedent, both immediately prior to entering into such Transaction and also after giving effect to the consummation thereof and the intended use of the proceeds of the sale:

  • Mutual Conditions Precedent The obligations of the Parties to complete the transactions contemplated by this Agreement are subject to the fulfillment, on or before the Effective Time, of each of the following conditions precedent, each of which may only be waived with the mutual consent of the Parties:

  • Conditions Precedent to Effectiveness This Agreement shall become effective on and as of the first date (the “Effective Date”) on which the following conditions precedent have been satisfied:

  • Evidence of Compliance with Conditions Precedent The Guarantor shall provide to the Guarantee Trustee such evidence of compliance with such conditions precedent, if any, provided for in this Guarantee Agreement that relate to any of the matters set forth in Section 314(c) of the Trust Indenture Act. Any certificate or opinion required to be given by an officer pursuant to Section 314(c)(1) may be given in the form of an Officers' Certificate.

  • Conditions Precedent to All Loans Each Lender’s obligations to make each Loan is subject to the following conditions precedent:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

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