Conditions Precedent to Each Credit Event. The occurrence of each Credit Event, including the initial Revolving Loan Borrowing on or after the Effective Date, is subject to the further conditions that on the date such Credit Event is to occur and after giving effect to such Credit Event, the following shall be true and correct:
Appears in 4 contracts
Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)
Conditions Precedent to Each Credit Event. The occurrence of each Credit Event, including the initial Revolving Loan Borrowing on or after and the Effective Dateinitial Letter of Credit issuance, is subject to the further conditions that on the date such Credit Event is to occur and after giving effect to such Credit Event, the following shall be true and correct:
Appears in 1 contract
