Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any requested Loan, procure any Letter of Credit, or otherwise extend credit to Borrowers, 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 requested Loan, procure any Letter of Credit, 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)
Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan, procure any Letter of Credit, by Borrowers or otherwise extend credit to BorrowersBorrowers and Agent shall not be obligated to cause the Letter of Credit Issuer to issue any Letter of Credit 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 Loan requested Loan, procure any Letter of Credit, by Borrowers or otherwise extend credit to Borrowers, unless and Issuing Bank shall not be required to issue any Letter of Credit, unless, on or before November 30, 2007, each of the following conditions has been satisfied:
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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, Credit or otherwise extend credit to BorrowersBorrower, unless unless, on or before October 31, 2008, each of the following conditions has been satisfied:
Appears in 1 contract
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, Credit or otherwise extend credit to Borrowers, unless unless, on or before May 31, 2002, each of the following conditions has been satisfied:
Appears in 1 contract
Conditions Precedent to Initial Credit Extensions. Initial Lenders shall not be required to fund any Loan requested Loan, procure any Letter of Credit, by Borrowers or otherwise extend credit to BorrowersBorrowers and Agent shall not be obligated to cause the Letter of Credit Issuer to issue any Letter of Credit 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, procure any Letter of Credit, by Borrowers or otherwise extend credit to Borrowers, unless unless, on or before March 31, 2010, each of the following conditions has been satisfied:
Appears in 1 contract
