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

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any requested Loan or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Credit, unless each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Enpro Industries, Inc), Loan and Security Agreement (Enpro Industries, Inc)

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Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers or otherwise extend credit to Borrowers, Borrowers and Issuing Bank Agent shall have no obligation not be obligated to cause the Letter of Credit Issuer to issue any Letter of CreditCredit on the Closing Date, unless each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Integrated Electrical Services Inc), Loan and Security Agreement (Integrated Electrical Services Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any requested Loan Loan, procure any Letter of Credit, or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Credit, unless each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Mastec Inc), Loan and Security Agreement (Mastec Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before March 31, 2010, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Standard Register Co)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrower to procure any Letter of Credit or otherwise extend credit to BorrowersBorrower, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before October 31, 2008, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers procure any Letter of Credit or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before May 31, 2002, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Rowe Companies)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrower, procure any Letter of Credit or otherwise extend credit to BorrowersBorrower, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before November15, 1999, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Amerigroup Corp)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers, procure any Letter of Credit, or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before June 6, 2003, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrower to procure any Letter of Credit or otherwise extend credit to BorrowersBorrower, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before May ___, 2002, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrower to procure any Letter of Credit or otherwise extend credit to BorrowersBorrower, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before April 20, 2004, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any the initial Loans or other extensions of credit requested Loan or otherwise extend credit to by Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before August 1, 2013, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Standard Register Co)

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Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers, procure any Letter of Credit, or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before January 12, 2004, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers, procure any Letter of Credit, or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before July 2, 2003, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Danka Business Systems PLC)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers or otherwise extend credit to Borrowers, Borrowers and Issuing Bank Agent shall have no obligation not be obligated to cause the Letter of Credit Issuer to issue any Letter of CreditCredit on the Closing Date and the DIP Facility shall not become effective, unless each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Electrical Services Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before May 9, 2005, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Standard Register Co)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation not be required to issue any Letter of Credit, unless unless, on or before November 30, 2007, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Credit Agreement (J.M. Tull Metals Company, Inc.)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan by Borrowers, procure any Letter of Credit, or otherwise extend credit to Borrowers, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before December 15, 2003, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Credit Agreement (Superior Essex Inc)

Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Revolver Loan requested Loan by Borrower, procure any Letter of Credit, or otherwise extend credit to BorrowersBorrower, and Issuing Bank shall have no obligation to issue any Letter of Creditunless, unless on or before February 29, 2000, each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Pameco Corp)

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