Common use of Conditions Precedent to Each Loan and Letter of Credit Clause in Contracts

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 4 contracts

Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Aviall Inc)

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Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Effective Date) to make any Loan and of each Issuer on any date (including the Closing Effective Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 2 contracts

Samples: Credit Agreement (Tekni Plex Inc), Credit Agreement (Aviall Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue issue any Letter of Credit is subject to the satisfaction of each all of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of CreditREQUEST FOR BORROWING OR ISSUANCE OF LETTER OF CREDIT. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 2 contracts

Samples: Credit Agreement (Paragon Trade Brands Inc), Credit Agreement (Merisant Foreign Holdings I Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Effective Date) to make any Loan and of each Issuer on any date (including the Closing Effective Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of CreditREQUEST FOR BORROWING OR ISSUANCE OF LETTER OF CREDIT. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing LoansLoan, a duly executed Swing Loan Request), and, ) and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Effective Date) to make any Loan and of each Issuer on any date (including the Closing Effective Date) to Issue issue any Letter of Credit is subject to the satisfaction of each all of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (Suntron Corp)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue issue any Letter of Credit is subject to the satisfaction of each all of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request, dated on or before such date.

Appears in 1 contract

Samples: Secured Super Priority Debtor in Possession Revolving Credit Agreement (Kasper a S L LTD)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue issue any Letter of Credit is subject to the satisfaction of each all of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (orBorrowing, or in the case of Swing Loans, a duly executed Swing Loan Request), and, and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request, dated on or before such date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Warnaco Group Inc /De/)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Revolving Credit Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Revolving Credit Agreement (Friedmans Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue issue any Letter of Credit is subject to the satisfaction of each all of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of CreditREQUEST FOR BORROWING OR ISSUANCE OF LETTER OF CREDIT. With respect to any Loan, the relevant Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, Request and with respect to any Letter of Credit, the relevant Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (Polaroid Holding Co)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the Issuer thereof shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (S&c Resale Co)

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Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Revolving Credit Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: First Lien Credit Agreement (Tecumseh Products Co)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Effective Date) to make any Loan and of each Issuer on any date (including the Closing Effective Date) to Issue issue any Letter of Credit is subject to the satisfaction of each all of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (Oxford Automotive Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing LoansLoan, a duly executed Swing Loan Request), and, ) and with respect to any Letter of Credit, the Administrative Agent and the Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Effective Date) to make any Loan and of each Issuer on any date (including the Closing Effective Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the Issuer thereof shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (S&c Holdco 3 Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent: (a) Request for Borrowing or Issuance of Letter of Credit. With respect to any Loan, the Administrative Agent shall have received a duly executed Notice of Borrowing (or, in the case of Swing Loans, a duly executed Swing Loan Request), and, with respect to any Letter of Credit, the Administrative Agent and the applicable Issuer shall have received a duly executed Letter of Credit Request.

Appears in 1 contract

Samples: Credit Agreement (Edo Corp)

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