Common use of Conditions Precedent to Initial Borrowing of Term Loans Clause in Contracts

Conditions Precedent to Initial Borrowing of Term Loans. The obligation of each Lender to advance Term Loans on the Initial Disbursement Date for Term Loans is subject to the satisfaction of the following conditions precedent:

Appears in 3 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO Trust)

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Conditions Precedent to Initial Borrowing of Term Loans. The obligation of each Lender to advance make a Term Loans Loan on the Initial Disbursement Effective Date for Term Loans is subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO LLC)

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Conditions Precedent to Initial Borrowing of Term Loans. The obligation of each Term Loan Lender to advance Term Loans on the Initial Term Loan Disbursement Date for Term Loans is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure CO LLC)

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