Conditions Precedent to Drawdown of the Initial Advance. The obligation of the Lenders to make the initial Advance available to the Borrower under this Agreement shall be expressly subject to the following conditions precedent:
Appears in 3 contracts
Samples: Credit Agreement (Chiles Magellan LLC), Credit Agreement (Chiles Offshore LLC), Credit Agreement (NRG Generating U S Inc)
Conditions Precedent to Drawdown of the Initial Advance. The obligation of the Lenders to make the initial Initial Advance available to the Borrower Borrowers under this Agreement shall be expressly subject to the following conditions precedent:
Appears in 1 contract
Samples: Agreement (Teekay Shipping Corp)
Conditions Precedent to Drawdown of the Initial Advance. The obligation of the Lenders to make the initial Initial Advance available to the Borrower and/or issue a Letter of Credit (if the Initial Advance has not yet been made) under this Agreement shall be expressly subject to the following conditions precedent:
Appears in 1 contract
