Conditions Precedent to all Extensions of Credit. The obligation of each Bank to make each Loan, and of each Issuing Bank to issue, amend, renew or extend any Letter of Credit, shall be subject to the fulfillment at or prior to the time of the making of such Loan or the issuance, amendment, renewal or extension of such Letter of Credit of each of the following further conditions:
Appears in 2 contracts
Samples: Credit Agreement (Occidental Petroleum Corp /De/), Credit Agreement (Occidental Petroleum Corp /De/)
Conditions Precedent to all Extensions of Credit. The obligation of each Bank to make each Loan, and of each the Issuing Bank to issue, amend, renew or extend any Letter of Credit, shall be subject to the fulfillment at or prior to the time of the making of such Loan or the issuance, amendment, renewal or extension of off such Letter of Credit of each of the following further conditions:
Appears in 2 contracts
Samples: Credit Agreement (Occidental Petroleum Corp /De/), Credit Agreement (Occidental Petroleum Corp /De/)
Conditions Precedent to all Extensions of Credit. The obligation of each Bank to make each Loan, and of each Issuing Bank to issue, amend, renew or extend any Letter of Credit, shall be subject to the fulfillment at or prior to the time of the making of such Loan or the issuance, amendment, renewal or extension of such Letter of Credit of each of the following further conditions; provided that the initial Loan or Letter of Credit utilizing the Additional Commitments shall also be subject to the conditions precedent set forth in Section 7.03:
Appears in 1 contract
Conditions Precedent to all Extensions of Credit. The obligation of each the Bank to make issue each LoanLetter of Credit to, and for or on account, of each Issuing Bank to issue, amend, renew or extend any the Borrower (including the initial Letter of Credit, ) shall be subject to the fulfillment at or prior to further conditions precedent that, or, on the time date of the making of such Loan or the issuance, amendment, renewal or extension of such each Letter of Credit of each of and after the following further conditionsmaking, issuance or creation thereof:
Appears in 1 contract
Samples: Letter of Credit Agreement (Atg Inc)