Common use of Conditions Precedent to Each Credit Event Clause in Contracts

Conditions Precedent to Each Credit Event. The obligation of the Lenders to effect or permit each Credit Event is subject to the further conditions that, on the date such Credit Event is to occur, the following shall be true and correct (unless waived in writing by Administrative Agent and the Lenders):

Appears in 2 contracts

Samples: Financing Agreement (Noble Environmental Power LLC), Financing Agreement (Noble Environmental Power LLC)

AutoNDA by SimpleDocs

Conditions Precedent to Each Credit Event. The obligation of the Lenders Banks to effect or permit each Credit Event is subject to the further conditions that, on the date such Credit Event is to occur, the following shall be true and correct (unless waived in writing by Administrative Agent and the Lenders):correct:

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Conditions Precedent to Each Credit Event. The obligation of the Lenders and the LC Issuing Banks to effect or permit each Credit Event is subject to the further conditions that, on the date such Credit Event is to occur, the following shall be true and correct (unless waived in writing by Administrative Agent and the Lenders):correct:

Appears in 1 contract

Samples: Financing Agreement (Fuelcell Energy Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.