Conditions Precedent to Initial Borrowing. The obligations of each Lender to make the initial Advance and of the Issuing Lender to issue the initial Letters of Credit, shall be subject to the satisfaction or waiver in writing of the following conditions precedent:
Appears in 4 contracts
Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)
Conditions Precedent to Initial Borrowing. The obligations of each Lender to make the initial Advance and of the Issuing Lender to make issue the initial Letters of Credit, shall be subject to the satisfaction or waiver in writing of the following conditions precedentprecedent that:
Appears in 3 contracts
Samples: Credit Agreement (Triangle Petroleum Corp), Credit Agreement (Triangle Petroleum Corp), Credit Agreement (Triangle Petroleum Corp)
Conditions Precedent to Initial Borrowing. The obligations of each Lender to make the initial Advance Loan and of the Issuing Lender to issue the initial Letters of Credit, shall be subject to the satisfaction or waiver in writing of the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (Extraction Oil & Gas, LLC), Credit Agreement (Extraction Oil & Gas, LLC)
Conditions Precedent to Initial Borrowing. The obligations of the first to occur of (i) each Lender to make the initial Advance and of (ii) the Issuing Lender to issue the Default Interest Letter of Credit and any other initial Letters of Credit (including the deemed issuance of the Existing Letters of Credit), shall be subject to the satisfaction or waiver in writing of the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp)
Conditions Precedent to Initial Borrowing. The obligations obligation of each Lender to make an Advance on the occasion of the initial Advance and of the Issuing Lender to issue the initial Letters of Credit, shall be Borrowing hereunder is subject to the satisfaction or waiver in writing of the following conditions precedentprecedent before or concurrently with the initial Borrowing:
Appears in 1 contract
Conditions Precedent to Initial Borrowing. The obligations of each Lender to make its initial Loans and the Issuing Bank to issue any initial Advance and Letter of Credit, including the deemed issuance of the Issuing Lender to issue the initial Existing Letters of Credit, shall be subject to the satisfaction or waiver in writing of the following conditions precedentprecedent that:
Appears in 1 contract
