Conditions Precedent to each Utilization. The obligation of the Lenders to provide any Accommodation to the Borrower, or to allow any Conversion or Rollover, is subject to and conditional upon satisfaction of the following conditions precedent, as applicable:
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Samples: Credit Agreement (PRECISION DRILLING Corp), Credit Agreement (Precision Diversified Oilfield Services Corp.)
Conditions Precedent to each Utilization. The obligation of the Lenders to provide any Accommodation to the Borrower, to accept and purchase any Bankers’ Acceptances, or to issue any Letter of Credit, or to allow any Conversion or Rollover, is subject to and conditional upon satisfaction of each of the following conditions precedent, as applicable:
Appears in 1 contract
Conditions Precedent to each Utilization. The obligation of the Lenders to provide any Accommodation to the Borrower, to accept and purchase any Bankers' Acceptances, or to issue any Letter of Credit, or to allow any Conversion or Rollover, is subject to and conditional upon satisfaction of each of the following conditions precedent, as applicable:
Appears in 1 contract
