Common use of Conditions Precedent to Extensions of Credit Clause in Contracts

Conditions Precedent to Extensions of Credit. The obligation of Banks to extend credit to Borrower under this Agreement is subject to the satisfaction of the conditions precedent, in addition to the applicable conditions precedent set forth in Section 8 below with respect to Advances and/or Letters of Credit, that Borrower shall have delivered, or caused to be delivered, to Banks in form and substance satisfactory to Banks:

Appears in 4 contracts

Samples: Revolving Credit Agreement (Gulf Island Fabrication Inc), Revolving Credit Agreement (Gulf Island Fabrication Inc), Revolving Credit Agreement (Gulf Island Fabrication Inc)

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Conditions Precedent to Extensions of Credit. The obligation of Banks to extend credit to Borrower under this Agreement is subject to the satisfaction of the conditions precedent, in addition to the applicable conditions precedent set forth in Section 8 9 below with respect to Advances and/or Letters of Credit, that Borrower shall have delivered, or caused to be delivered, to Banks in form and substance satisfactory to Banks:

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Gulf Island Fabrication Inc)

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