Common use of Conditions Precedent to Each Extension of Credit, Conversion or Continuation Clause in Contracts

Conditions Precedent to Each Extension of Credit, Conversion or Continuation. The obligation of each Lender to make any Advance, to issue any Letter of Credit, or to convert or continue any Advance as described in Section 3.03 on the occasion of each such extension of credit (including the initial extension of credit hereunder), conversion or continuation shall be subject to the further conditions precedent that on the date of such extension of credit, conversion or continuation:

Appears in 3 contracts

Samples: Credit Agreement (Vicorp Restaurants Inc), Credit Agreement (Vicorp Restaurants Inc), Credit Agreement (Vicorp Restaurants Inc)

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Conditions Precedent to Each Extension of Credit, Conversion or Continuation. The obligation of each the Lender to make any an Advance, to issue any Letter of Credit, or to convert or continue any Advance as described in Section 3.03 on the occasion of each such extension of credit (including the initial extension of credit hereunder), conversion or continuation shall be subject to the further conditions precedent that on the date of such extension of credit, conversion or continuation:

Appears in 1 contract

Samples: Credit Agreement (Vicorp Restaurants Inc)

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