Common use of Conditions Precedent to Initial Loan Clause in Contracts

Conditions Precedent to Initial Loan. The obligation of the Banks to make the initial Loans hereunder, and the obligation of U.S. Bank to issue the initial Letter of Credit hereunder, shall be subject to the prior or simultaneous fulfillment of each of the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc)

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Conditions Precedent to Initial Loan. The obligation of the Banks to make the initial Loans hereunder, and the obligation of U.S. First Bank to issue the initial Letter of Credit hereunder, shall be subject to the prior or simultaneous fulfillment of each of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Best Buy Co Inc)

Conditions Precedent to Initial Loan. The obligation obligations of the Banks Lenders to undertake the Commitments and to make the initial Loans hereunder, and the obligation of U.S. the Issuing Bank to issue the any initial Letter of Credit hereunder, shall be are subject to the prior or simultaneous fulfillment of each of the following conditionsconditions on or before December 15, 2011:

Appears in 1 contract

Samples: Credit Agreement (Vulcan Materials CO)

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Conditions Precedent to Initial Loan. The obligation obligations of the Banks Lenders to undertake the Revolving Loan Commitment and to make the initial Loans Term Loan hereunder, and the obligation of U.S. the Issuing Bank to issue the any initial Letter of Credit hereunder, shall be are subject to the prior or simultaneous concurrent fulfillment of each of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Zayo Group LLC)

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