Common use of Conditions Precedent to Initial Advances Clause in Contracts

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to or concurrently with, the making of such initial Advance, of each of the following conditions precedent:

Appears in 6 contracts

Samples: Revolving Credit Agreement (Peco Energy Co), Credit Agreement (Peco Energy Co), Day Credit Agreement (Peco Energy Co)

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Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to conditions precedent that on or concurrently with, before the making date of such initial Advance, of each of the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (Entergy Arkansas Inc), Credit Agreement (Entergy Arkansas Inc), Credit Agreement (System Energy Resources Inc)

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to condition precedent that on or concurrently with, before the making date of such initial Advance, of each of the following conditions precedent:

Appears in 2 contracts

Samples: Year Credit Agreement (Jersey Central Power & Light Co), Credit Agreement (Jersey Central Power & Light Co)

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to or concurrently with, the making of such initial Advance, of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Century Communications Corp), Credit Agreement (Centennial Cellular Corp)

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Conditions Precedent to Initial Advances. The obligation obligations of each Lender to make its initial Advance is subject to the satisfaction, prior to or concurrently with, the making of such initial Advance, of each of the following conditions precedent:: (a)

Appears in 1 contract

Samples: Louisville Gas & Electric Co /Ky/

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