Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Lenders to make each Loan and of any Revolving Issuing Lender or the Canadian Revolving Lender to issue or amend a Letter of Credit, including the initial Loan hereunder, is subject to the following conditions precedent:
Appears in 3 contracts
Samples: Competitive Advance and Revolving Credit Agreement (PHH Corp), Competitive Advance and Revolving Credit Agreement (PHH Corp), Competitive Advance and Revolving Credit Agreement (PHH Corp)
Conditions Precedent to Each Loan and Letter of Credit. The obligation of the Lenders to make each Loan and of any Revolving Issuing Lender or the Canadian Revolving Lender to issue or amend a Letter of Credit, including the initial Loan hereunder, is subject to the following conditions precedent:
Appears in 3 contracts
Samples: Credit Agreement (PHH Corp), Credit Agreement (PHH Corp), Credit Agreement (PHH Corp)
