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 the Lenders to make each Loan (including the initial Revolving Loan, the Term Loan and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the Loans) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is subject to the following conditions precedent:

Appears in 2 contracts

Samples: Credit, Guaranty, Security and Pledge Agreement (Gci Inc), Credit, Guaranty, Security and Pledge Agreement (Gci Inc)

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Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Issuing Bank to issue each Letter of Credit and of the Lenders to make each Loan and to issue and participate in each Letter of Credit (including the initial Revolving Loan, the Term Loan Loans and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is are subject to the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (First Look Studios Inc), Credit, Security, Guaranty and Pledge Agreement (Overseas Filmgroup Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation obligations of the Issuing Bank to issue each Letter of Credit and of the Lenders to make each Loan of the Loans and participate in each Letter of Credit (including the initial Revolving Loan, the Term Loan and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is are subject to the following conditions precedent:

Appears in 2 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Idt Corp), Credit Agreement (Idt Corp)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Lenders to make each Loan (and of any Issuing Lender to issue a Letter of Credit, including the initial Revolving LoanLoan hereunder, the Term Loan and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the Loans) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is subject to the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (HFS Inc), Five Year Competitive Advance and Revolving Credit Agreement (Cendant Corp)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Lenders (including the Agent) to make each Loan (including the initial Revolving Loan, the Term Loan ) and participations under to participate in each Letter of Credit (including the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any issue each Letter of Credit is subject to the following conditions precedent:

Appears in 2 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Crown Media Holdings Inc), Credit, Security, Guaranty and Pledge Agreement (Crown Media Holdings Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Lenders to make each Loan (and of any Issuing Lender to issue a Letter of Credit, including the initial Revolving Loan, the Term Loan and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the Loans) and of the Issuing Bank to issuehereunder, amend, renew or extend any Letter of Credit is subject to the following conditions precedent:

Appears in 2 contracts

Samples: Five Year Competitive Advance and Revolving Credit Agreement (PHH Corp), Credit Agreement (Cendant Corp)

Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Issuing Bank to issue each Letter of Credit and of the Lenders to make each Loan and to participate in each Letter of Credit (including the initial Revolving Loan, the Term Loan and participations under the initial and/or Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is are subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Harvey Entertainment Co)

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Conditions Precedent to Each Loan and Letter of Credit. The obligation obligations of the Issuing Bank to issue each Letter of Credit and the Lenders to make each Loan of the Loans and participate in each Letter of Credit (including the initial Revolving Loan, the Term Loan and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is are subject to the following conditions precedent:

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement

Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Lenders to make each Loan and to issue and participate in each Letter of Credit (including the initial Revolving Loan, the Term Loan Loans and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (All American Communications Inc)

Conditions Precedent to Each Loan and Letter of Credit. The obligation obligations of the Issuing Bank to issue each Letter of Credit and of the Lenders to make each Loan of the Loans and participate in each Letter of Credit (including the initial Revolving Loan, the Term Loan and participations under the initial Letter of Credit but excluding a continuation or conversion which does not increase the outstanding principal amount of the LoansCredit) and of the Issuing Bank to issue, amend, renew or extend any Letter of Credit is are subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (RHI Entertainment, Inc.)

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