Common use of Conditions Precedent to Credit Clause in Contracts

Conditions Precedent to Credit. Events on the Initial ---------------------------------------------------- Borrowing Date. The obligation of each Lender to make Loans, and the obligation -------------- of the Issuing Lender to issue Letters of Credit, on the Initial Borrowing Date, is subject at the time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions:

Conditions Precedent to Credit. Events on the Initial ---------------------------------------------------- Borrowing Effective ------------------------------------------------------ Date. The occurrence of the Effective Date and the obligation of each Lender to ---- make Loans, and the obligation -------------- of the Issuing Lender to issue Letters of Credit, on the Initial Borrowing Effective Date, is subject at the time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions:

Conditions Precedent to Credit. Events on the Initial ---------------------------------------------------- Borrowing Date. The obligation of each Lender to make Loanseach Loan hereunder, and -------------- the obligation -------------- of the Issuing Lender each Letter of Credit Issuer to issue Letters each Letter of CreditCredit hereunder, in each case on the Initial Borrowing Date, is subject at the time of the making of such Loans Loan or the issuance of such Letters Letter of Credit Credit, as the case may be, to the satisfaction of the following conditions: