Conditions Precedent to Initial Extension Sample Clauses

Conditions Precedent to Initial Extension of Credit under each of the Credit Facilities. Before the first extension of credit governed by this agreement and any initial advance under any of the Credit Facilities, whether by disbursement of a loan, issuance of a letter of credit, or otherwise, the Borrower shall deliver to the Bank, in form and substance satisfactory to the Bank:
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Conditions Precedent to Initial Extension of Credit 56 3.02. Conditions Precedent to Each Borrowing and Issuance 64 3.03. Determinations Under Section 3.01 65
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Conditions Precedent to Initial Extension of Credit ·············································· 24
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Conditions Precedent to Initial Extension of Credit to each B-2 Borrower and each B-3 Borrower. The obligation of each Working Capital B-2 Lender and each Working Capital B-3 Lender to make a Working Capital B-2 Advance and a Working Capital B-3 Advance, respectively, or of the Issuing Bank to issue a Letter of Credit under the Working Capital B-2 Facility, in each case on the occasion of the Initial Extension of Credit to each B-2 Borrower and B-3 Borrower hereunder is subject to satisfaction of the following conditions precedent with respect to such B-2 Borrower or B-3 Borrower before or concurrent with the Initial Extension of Credit to such B-2 Borrower or B-3 Borrower:
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Conditions Precedent to Initial Extension of Credit61 3.02. Conditions Precedent to Each Borrowing and Issuance69 3.03. Determinations Under Section 3.0169 3.04. Conditions Precedent to the Making of the New AXELs Series B Advances70 3.05. Conditions Precedent to the Effectiveness of the Fourth Amendment72 3.06. Determinations Under Sections 3.04 and 3.0575
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Related to Conditions Precedent to Initial Extension

  • Conditions Precedent to Initial Extension of Credit The obligation of each Lender to make an Advance or of any Issuing Bank to issue a Letter of Credit on the occasion of the Initial Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent before or concurrently with the Initial Extension of Credit:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

  • Conditions Precedent to Initial Loan The obligation of Lender to make the initial Loan is subject to the condition precedent that Lender shall have received, in form and substance satisfactory to Lender, all of the following:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

  • Conditions Precedent to Effective Date This Agreement shall become effective on the date (such date, the “Effective Date”) when each of the following conditions is satisfied (or waived) in accordance with the terms herein:

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to Initial Credit Extension Bank’s obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

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