Common use of Conditions Precedent to Initial Loans and Letters of Credit Clause in Contracts

Conditions Precedent to Initial Loans and Letters of Credit. The obligation of the Banks to make the initial Loans and to issue the initial Letter of Credit shall be subject to the fulfillment of the following conditions precedent on or before the Closing Date in a manner satisfactory to the Banks:

Appears in 3 contracts

Samples: Credit Agreement (Frozen Food Express Industries Inc), Credit Agreement (Frozen Food Express Industries Inc), Credit Agreement (Frozen Food Express Industries Inc)

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Conditions Precedent to Initial Loans and Letters of Credit. The obligation of the Banks Lenders to make the initial Loans and of the LC Issuer to issue the initial Letter of Credit shall be is subject to the fulfillment satisfaction of the following conditions precedent on or before prior to the Closing Date in a manner satisfactory to the BanksDate:

Appears in 1 contract

Samples: Credit Agreement (Star Buffet Inc)

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Conditions Precedent to Initial Loans and Letters of Credit. The obligation of the Banks to make the initial Loans (including Swingline Advances) and to issue the initial Letter of Credit shall be subject to the fulfillment of the following conditions precedent on or before the Closing Date in a manner satisfactory to the Banks:

Appears in 1 contract

Samples: Credit Agreement (Frozen Food Express Industries Inc)

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