Conditions Precedent to Initial Loans or Letter of Credit. The obligation of the Issuing Bank to issue the initial Letter of Credit and of each Lender to make its initial Loan or issue and participate in the initial Letter of Credit is subject to the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (First Look Studios Inc), Credit, Security, Guaranty and Pledge Agreement (Overseas Filmgroup Inc)
Conditions Precedent to Initial Loans or Letter of Credit. The obligation of the Issuing Fronting Bank to issue the initial Letter of Credit and of each Lender to make its initial Loan or issue and participate in the initial Letter of Credit is subject to the following conditions precedent:
Appears in 1 contract
Samples: Credit, Security, Guaranty and Pledge Agreement (Trimark Holdings Inc)
Conditions Precedent to Initial Loans or Letter of Credit. The obligation of the Issuing Bank to issue the initial Letter of Credit and of each Lender to make its initial Loan or issue and participate in the initial Letter of Credit is subject to the following conditions precedent:
Appears in 1 contract
Conditions Precedent to Initial Loans or Letter of Credit. The obligation of the Issuing Bank Lender to issue the initial Letter of Credit and of each Lender to make its the initial Loan or issue and participate in the initial Letter of Credit is subject to the following conditions precedent:
Appears in 1 contract
Samples: Credit, Security, Guaranty and Pledge Agreement (Dove Entertainment Inc)
