Common use of Conditions Precedent to Initial Borrowing Date Clause in Contracts

Conditions Precedent to Initial Borrowing Date. The obligation of the Banks to make Loans hereunder on the Initial Borrowing Date and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder at such time, is subject to the satisfaction of each of the following conditions at such time:

Appears in 2 contracts

Samples: Credit Agreement (Zurn Industries Inc), Credit Agreement (Zurn Industries Inc)

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Conditions Precedent to Initial Borrowing Date. The obligation of the Banks Lenders to make Loans hereunder on the Initial Borrowing Date Loans, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder at such timeCredit, on the Initial Borrowing Date is subject to the satisfaction of each of the following conditions at such time:

Appears in 2 contracts

Samples: Credit Agreement (National Tobacco Co Lp), Credit Agreement (National Tobacco Co Lp)

Conditions Precedent to Initial Borrowing Date. The ---------------------------------------------- obligation of the Banks Lenders to make Loans hereunder on the Initial Borrowing Date each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder at such timehereunder, is in each case on the Initial Borrowing Date are subject to the satisfaction of each of the following conditions at such time:

Appears in 2 contracts

Samples: Credit Agreement (Graphic Controls Corp), Credit Agreement (Graphic Controls Corp)

Conditions Precedent to Initial Borrowing Date. The obligation of the Banks each Bank to make Loans hereunder on the Initial Borrowing Date Loans, and the obligation of the Letter of Credit Issuer each Issuing Bank to issue Letters of Credit hereunder at such timehereunder, in each case on the Initial Borrowing Date, is subject to the satisfaction of each of the following conditions at such timeconditions:

Appears in 1 contract

Samples: Credit Agreement (Consolidated Container Co LLC)

Conditions Precedent to Initial Borrowing Date. The obligation ---------------------------------------------- of the Banks to make Loans hereunder on the Initial Borrowing Date Loans, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder at such timeCredit, on the Initial Borrowing Date is subject to the satisfaction of each of the following conditions at such time:

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels Inc)

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Conditions Precedent to Initial Borrowing Date. The ---------------------------------------------- obligation of the Banks each Bank to make Loans hereunder Loans, and the obligation of each Issuing Bank to issue Letters of Credit, on the Initial Borrowing Date and Date, is subject at the obligation time of the Letter making of Credit Issuer to issue such Loans or the issuance of such Letters of Credit hereunder at such time, is subject to the satisfaction of each of the following conditions at such timeconditions:

Appears in 1 contract

Samples: Security Agreement (Extended Stay America Inc)

Conditions Precedent to Initial Borrowing Date. The obligation of the Banks each Lender to make Loans hereunder Loans, and the obligation of each Issuing Lender to issue Letters of Credit, on the Initial Borrowing Date and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder at such timeDate, is subject to at the satisfaction time of each the occurrence of the following conditions at such timeconditions:

Appears in 1 contract

Samples: Pledge Agreement (Extended Stay America Inc)

Conditions Precedent to Initial Borrowing Date. The obligation of the Banks Lenders to make Loans hereunder Loans, and of the Issuing Bank to issue Letters of Credit, on the Initial Borrowing Date and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder at such time, is subject to the satisfaction of each of the following conditions at such time:

Appears in 1 contract

Samples: Credit Agreement (Univision Communications Inc)

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