Conditions Precedent to each Borrowing Date Sample Clauses

Conditions Precedent to each Borrowing Date. The obligation of each Lender to make Loans on each Borrowing Date is subject at the time of the making of such Loans to the satisfaction or (other than in the case of Sections 6.01, 6.02, 6.03, 6.04, 6.06 and 6.07) waiver of the following conditions:
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Conditions Precedent to each Borrowing Date. The obligation of each Lender to make Loans on each Borrowing Date (including the Initial Borrowing Date and each Vessel Acquisition Borrowing Date) is subject at the time of the making of such Loans to the satisfaction or waiver of the following conditions:
Sample 1
Conditions Precedent to each Borrowing Date. The obligation of each Lender to make Loans (including Loans made on each Vessel Acquisition Borrowing Date) is subject to the satisfaction of the following conditions:
Sample 1
Conditions Precedent to each Borrowing Date. The obligation of each Lender to make each of its Loans hereunder, including Loans to be made on the Initial Borrowing Date, is subject to the satisfaction of the following conditions precedent that, and the receipt by the Administrative Agent of the following documents on or before the proposed Borrowing Date, each in form and substance satisfactory to the Administrative Agent:
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Conditions Precedent to each Borrowing Date. The obligations of the Lenders to make the Term Loans comprising the Initial Borrowing on the Initial Borrowing Date and to make the Term Loans comprising the Delayed Borrowing on the Delayed-Draw Borrowing Date are subject to the satisfaction of each of the following conditions (solely in connection with the respective Acquisition or Acquisitions consummated prior to or on the date of such Borrowing Date in respect of which the proceeds of the Term Loans incurred on such Borrowing Date will be utilized in accordance with Section 7.08) at such time:
Sample 1
Conditions Precedent to each Borrowing Date. Additionally, the following condition(s) precedent shall be satisfied on or prior to each Borrowing Date: After giving effect to any borrowings under Tranche A and Tranche B, the aggregate principal amount of outstanding Tranche A and Tranche B Loans shall not exceed 125% of the aggregate principal amount of Tranche A Loans then outstanding; provided, that for purposes of such calculation, an aggregate amount of up to $2,000,000 of Tranche B used to finance Additional Gear (as defined in Section 2(a)(ii) below) shall be excluded.
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Related to Conditions Precedent to each Borrowing Date

  • Conditions Precedent to Each Borrowing The obligation of each Lender to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing the following statements shall be true (and each of the giving of the applicable Borrowing Notice and the acceptance by the Borrower of the proceeds of such Borrowing shall constitute a representation and warranty by the Borrower that on the date of such Borrowing such statements are true):

  • Conditions Precedent to Each Borrowing and Issuance The obligation of each Lender to make an Advance (other than an Advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c)) on the occasion of each Borrowing and the obligation of each Issuing Bank to issue a Letter of Credit shall be subject to the conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing or such Issuance (as the case may be) the following statements shall be true (and each of the giving of the applicable Notice of Borrowing or Notice of Issuance and the acceptance by the Borrower of the proceeds of such Borrowing or such Issuance shall constitute a representation and warranty by the Borrower that on the date of such Borrowing or such Issuance such statements are true):

  • Conditions Precedent to Borrowing The obligation of the Liquidity Provider to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and, prior to the date of such Borrowing, the Borrower shall have delivered a Notice of Borrowing which conforms to the terms and conditions of this Agreement and has been completed as may be required by the relevant form of the Notice of Borrowing for the type of Advances requested.

  • 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 Each Extension of Credit Before any extension of credit governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit or otherwise, the following conditions must be satisfied:

  • 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 Borrowings 5.1 Conditions Precedent to the Initial Borrowing of TBC 37 5.2 Conditions Precedent to Each Committed Borrowing of TBC 38 5.3 Conditions Precedent to Each Bid Borrowing of TBC 38 5.4 Conditions Precedent to the Initial Borrowing of a Subsidiary Borrower 39 5.5 Conditions Precedent to Each Committed Borrowing of a Subsidiary Borrower 39 5.6 Conditions Precedent to Each Bid Borrowing of a Subsidiary Borrower 40

  • CONDITIONS PRECEDENT TO EACH ADVANCE Lender’s obligation to make the initial Advance and each subsequent Advance under this Agreement shall be subject to the fulfillment to Lender’s satisfaction of all of the conditions set forth in this Agreement and in the Related Documents.

  • Conditions Precedent to Initial Borrowing The initial Borrowing under this Agreement is subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.

  • Conditions to Each Borrowing The obligation of each Lender to make a Loan as part of any Borrowing (including the first Borrowing) is also subject to satisfaction of the following further conditions precedent on the applicable Borrowing Date:

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