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

Conditions Precedent to Each Credit Extension. Subject to Section 11, the obligations of Lenders to make any Credit Extension hereunder, including any Credit Extension made on the Effective Date, are subject to the satisfaction of the following conditions:

Conditions Precedent to Each Credit Extension. Subject to Section 11, the The obligations of the Lenders to make any Credit Extension hereunderand the obligation of any Issuing Bank to issue or renew any Letter of Credit, including any Credit Extension made on the Effective Dateas applicable, are subject to the satisfaction satisfaction, or waiver in accordance with Section 9.5, of the following conditionsconditions precedent on the relevant Credit Event Date: