Conditions Precedent to Effectiveness of Agreement and Initial Extension of Credit Sample Clauses

Conditions Precedent to Effectiveness of Agreement and Initial Extension of Credit. The obligation of Lender to enter into and perform this Agreement and to make an initial Extension of Credit at the Closing is subject to the satisfaction of each and every condition precedent set forth on Annex V.
Sample 1
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Conditions Precedent to Effectiveness of Agreement and Initial Extension of Credit. The obligation of Lender to enter into and perform the Agreement and to make an initial Extension of Credit at the Closing is subject to the satisfaction of each and every condition precedent set forth below: Lender shall have received the following Loan Documents, instruments, agreements, evidences and legal opinions, in each case in form and substance reasonably satisfactory to Lender and dated as of the Closing Date unless otherwise indicated:
Sample 1

Related to Conditions Precedent to Effectiveness of Agreement and Initial Extension of Credit

  • Conditions Precedent to Initial Extension of Credit The obligation of each Lender to make an Advance or of any Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:

  • Conditions Precedent to Effectiveness of Agreement Each of the following is a condition precedent to the effectiveness of this Agreement:

  • Conditions Precedent to Effectiveness of Amendment The effectiveness of this Amendment is subject to and contingent upon the fulfillment of each and every one of the following conditions:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • Conditions Precedent to Each Extension of Credit Before any extension of credit governed by this agreement, whether by disbursement of a loan, issuance of a letter of credit or otherwise, the following conditions must be satisfied:

  • Conditions Precedent to Effectiveness of this Amendment This Amendment shall not become effective until all of the following conditions precedent shall have been satisfied in the sole discretion of Agent or waived by Agent:

  • Conditions to Effectiveness of Extension Notwithstanding the foregoing, (x) no more than two (2) extensions of the Maturity Date shall be permitted hereunder and (y) any extension of any Maturity Date pursuant to this Section 2.21 shall not be effective with respect to any Extending Lender unless:

  • Conditions to Effectiveness of Agreement This Agreement shall become effective on the date (the "Effective Date") each of the following conditions precedent is satisfied:

  • Conditions to Effectiveness of Extensions Notwithstanding the foregoing, the extension of the Maturity Date pursuant to this Section shall not be effective with respect to any Lender unless:

  • Conditions Precedent to Effectiveness of this Agreement This Agreement shall become effective on and as of the date hereof (the “Effective Date”), provided that the following conditions precedent have been satisfied on such date:

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