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

Conditions Precedent to Initial Extension of Credit. The obligation of the Lenders to make the initial Extension of Credit is subject to the fulfillment of the following conditions precedent to the satisfaction of the Lenders:

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

Conditions Precedent to Initial Extension of Credit. The obligation of the Lenders each Lender to make an Advance to any Borrower (other than Danmark) or of any Issuing Bank to issue a Letter of Credit on the initial occasion of the Initial Extension of Credit hereunder is subject to the fulfillment satisfaction of the following conditions precedent to before or concurrently with the satisfaction Initial Extension of the LendersCredit:

Conditions Precedent to Initial Extension of Credit. The obligation of the Lenders each Lender to make an Advance on the initial occasion of the Initial Extension of Credit hereunder is subject to the fulfillment satisfaction of the following conditions precedent to before or concurrently with the satisfaction Initial Extension of the LendersCredit:

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