Common use of Conditions Precedent to Initial Loans Clause in Contracts

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:

Appears in 54 contracts

Samples: Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.), Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.), Guaranty and Security Agreement (Infinera Corp)

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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 Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 10 contracts

Samples: Loan and Security Agreement (Stonemor Inc.), Loan and Security Agreement (Summit Midstream Partners, LP), Loan and Security Agreement (Ak Steel Holding Corp)

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

Appears in 7 contracts

Samples: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Arlo Technologies, Inc.)

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 Restatement Date”) that each of the following conditions has been satisfied:

Appears in 4 contracts

Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.)

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

Appears in 4 contracts

Samples: Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)

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

Appears in 4 contracts

Samples: Loan, Security and Guaranty Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.), Loan and Security Agreement (Select Interior Concepts, Inc.)

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 Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has set forth on Exhibit C attached hereto have been satisfied:satisfied or waived in writing by Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Flat Rock Core Income Fund), Loan and Security Agreement (Flat Rock Capital Corp.), Loan and Security Agreement (KCAP Financial, Inc.)

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 (except to the extent that such conditions are permitted by Agent to be satisfied on a post-closing basis pursuant to a post-closing agreement) has been satisfied:

Appears in 3 contracts

Samples: Credit Agreement (Apparel Holding Corp.), Credit Agreement (Apparel Holding Corp.), Loan and Security Agreement (Kellwood Co)

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, Credit or otherwise extend credit to Borrowers hereunder, until the date (“Closing Restatement Date”) that each of the following conditions precedent set forth on Exhibit D has been satisfied:.

Appears in 3 contracts

Samples: Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.)

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 the Borrowers hereunder, until the date (“Closing Third Restatement Date”) that each of the following conditions has been satisfied:satisfied (and with respect to deliveries of Loan Documents, each such delivery shall be fully-executed (where applicable) and in form and substance satisfactory to Agent and its counsel) (subject to Section 10.1.13):

Appears in 3 contracts

Samples: Loan Agreement (Cooper-Standard Holdings Inc.), Loan Agreement (Cooper-Standard Holdings Inc.), Loan Agreement (Cooper-Standard Holdings Inc.)

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 hereunder on the date (“Closing Date”) that , unless each of the following conditions has been satisfied:

Appears in 3 contracts

Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)

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:

Appears in 3 contracts

Samples: Loan and Security Agreement (Northwest Pipe Co), Loan and Security Agreement (Frozen Food Express Industries Inc), Loan and Security Agreement (Bairnco Corp /De/)

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, Loan or otherwise extend credit to Borrowers Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:satisfied (or waived in accordance with Section 15.1.1(d)(i) hereof):

Appears in 3 contracts

Samples: Term Loan and Security Agreement (DXP Enterprises Inc), Term Loan and Security Agreement (DXP Enterprises Inc), Term Loan and Security Agreement (DXP Enterprises Inc)

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 Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Sport Chalet Inc), Loan and Security Agreement (Sport Chalet Inc)

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:

Appears in 2 contracts

Samples: Loan and Security Agreement (Hypercom Corp), Loan and Security Agreement (Hypercom Corp)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, Lenders and Fronting Banks 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 on which each of the following conditions has been satisfied:satisfied (and with respect to deliveries of Loan Documents, each such delivery shall be fully-executed (where applicable) and in form and substance reasonably satisfactory to the Agent and its counsel):

Appears in 2 contracts

Samples: Intercreditor Agreement (MRC Global Inc.), Loan, Security and Guarantee Agreement (MRC Global Inc.)

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 Effective Date”) that each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Seneca Foods Corp), Loan and Security Agreement (Seneca Foods Corp)

Conditions Precedent to Initial Loans. Subject to Section 10.1.11, 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 Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)

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:satisfied (it being acknowledged that all deliveries to Agent and Lenders need be in form and substance and in quantities reasonably acceptable to Agent and Lenders):

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, Lenders there shall not be required no obligation or requirement to fund any requested the initial request for a Loan, issue initial issuance of any Letter of Credit, or otherwise extend initial credit to Borrowers any Credit Party hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 2 contracts

Samples: Loan and Security Agreement (Lawton Surgery Investment Company, LLC), Loan and Security Agreement (NPMC Holdings, LLC)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.27.2, 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:

Appears in 2 contracts

Samples: Loan Agreement (School Specialty Inc), Loan Agreement (School Specialty Inc)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Lapolla Industries Inc), Loan and Security Agreement (Lapolla Industries Inc)

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 satisfiedsatisfied or specifically provided for in the Post-Closing Agreement:

Appears in 1 contract

Samples: Loan and Security Agreement (Casella Waste Systems Inc)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.26.2 and Section 6.3, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:satisfied (and notwithstanding anything to the contrary herein, any Borrowing on the Closing Date shall be in an amount not in excess of $1,000,000 and the proceeds thereof shall be used only for the payment of fees and expenses incurred in connection with the negotiation and delivery of this Agreement):

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Trident Microsystems Inc)

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:satisfied (except to the extent permitted in writing by Agent to be delivered or complied with post-closing):

Appears in 1 contract

Samples: Loan and Security Agreement (Hudson Highland Group Inc)

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, Loan or otherwise extend credit to Borrowers Borrower hereunder, until the date ("Closing Date") that each of the following conditions has been satisfied:satisfied (or waived in accordance with Section 15.1.1(d)(i) hereof):

Appears in 1 contract

Samples: Term Loan and Security Agreement (DXP Enterprises Inc)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, Lenders there shall not be required no obligation or requirement to fund any requested the initial request for a Loan, issue initial issuance of any Letter of Credit, or otherwise extend initial credit to Borrowers any Credit Party hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfiedsatisfied or waived:

Appears in 1 contract

Samples: Loan and Security Agreement (Capella Healthcare, Inc.)

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, Loan or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (AutoWeb, Inc.)

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 satisfiedsatisfied or waived by Agent in its discretion:

Appears in 1 contract

Samples: Loan and Security Agreement (Nautilus, Inc.)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, the 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 unless each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

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:: 56

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Sanmina-Sci Corp)

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, Loan or otherwise extend credit to Borrowers hereunder, until the date (“Closing DateClosingDate”) that each of the following conditions has been satisfiedsatisfied by Borrowers or waived by the Required Lenders:

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (GEE Group Inc.)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Nortech Systems Inc)

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 the Borrowers hereunder, until the date (“Closing Restatement Date”) that each of the following conditions has been satisfied:satisfied (and with respect to deliveries of Loan Documents, each such delivery shall be fully-executed (where applicable) and in form and substance satisfactory to Agent and its counsel) (subject to Section 10.1.10):

Appears in 1 contract

Samples: Loan and Security Agreement (Cooper-Standard Holdings Inc.)

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 the Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:satisfied (and with respect to deliveries of Loan Documents, each such delivery shall be fully-executed (where applicable) and in form and substance satisfactory to Agent and its counsel) (subject to Section 10.1.10):

Appears in 1 contract

Samples: Loan and Security Agreement (Cooper-Standard Holdings Inc.)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.26.3, 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 satisfiedsatisfied or waived in writing by Agent and Lenders:

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Volt Information Sciences, Inc.)

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 satisfiedsatisfied or waived:

Appears in 1 contract

Samples: Loan and Security Agreement (Alon USA Energy, Inc.)

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:satisfied (or waived in accordance with Section 15.1(d)(i) hereof):

Appears in 1 contract

Samples: Loan and Security Agreement (Key Energy Services Inc)

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:: ​

Appears in 1 contract

Samples: Loan and Security Agreement (Adara Acquisition Corp.)

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Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, the Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, Loan or otherwise extend credit to Borrowers any Borrower within a Borrower Group, nor shall Issuing Banks or any Applicable Agent have any obligation to issue any Letter of Credit for the account of any Borrower within such Borrower Group hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfiedsatisfied with respect to such Borrower Group and its members:

Appears in 1 contract

Samples: Loan Agreement (Superior Essex Inc)

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:satisfied (or waived in accordance with Section 14.1.1(d)(i) hereof):

Appears in 1 contract

Samples: Loan and Security Agreement (DXP Enterprises Inc)

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, Loan or otherwise extend credit to Borrowers hereunderany Borrower, nor shall Issuing Bank or Administrative Agent have any obligation to issue any Letter of Credit for the account of any Borrower, until the date (the “Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Spectrum Brands, Inc.)

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, Standby Term Loan or otherwise extend credit to Borrowers hereunder, until the date (“Closing Effective Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Summer Infant, Inc.)

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 Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Senior Credit Agreement (Hornbeck Offshore Services Inc /La)

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 the Borrowers hereunder, until the date (“Closing Second Restatement Date”) that each of the following conditions has been satisfied:satisfied (and with respect to deliveries of Loan Documents, each such delivery shall be fully-executed (where applicable) and in form and substance satisfactory to Agent and its counsel) (subject to Section 10.1.13):

Appears in 1 contract

Samples: Loan Agreement (Cooper-Standard Holdings Inc.)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Xplore Technologies Corp)

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, Loan until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Term Loan Agreement (United Natural Foods Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (LIVE VENTURES Inc)

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 "Effective Date") that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Seneca Foods Corp)

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:satisfied (or waived in accordance with Section 14.1.1(d)(i) hereof):

Appears in 1 contract

Samples: Loan and Security Agreement (DXP Enterprises Inc)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 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”"CLOSING DATE") that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (WHX Corp)

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, Loan or issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, Credit until the date (“Closing Date”) that each of the following conditions has been satisfiedsatisfied or waived in writing by Agent:

Appears in 1 contract

Samples: Loan and Security Agreement (YRC Worldwide Inc.)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, Lenders and Issuing Banks 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:satisfied (or waived by Agent with the consent of all Lenders):

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)

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 satisfiedsatisfied or waived in writing by Agent and Required Lenders:

Appears in 1 contract

Samples: Loan and Security Agreement (United Maritime Group, LLC)

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 first been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Calix, Inc)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.2, the 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:

Appears in 1 contract

Samples: Loan and Security Agreement (Superior Essex Inc)

Conditions Precedent to Initial Loans. In addition to the conditions set forth in Section 6.26.2 and Section 6.3, 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:

Appears in 1 contract

Samples: Loan and Security Agreement (United Natural Foods Inc)

Conditions Precedent to Initial Loans. In Subject to Section 10.1.11, 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 Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Loan and Security Agreement (Ak Steel Holding Corp)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Craftmade International Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Hines Horticulture Inc)

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 Obligors hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

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 on which each of the following conditions has been satisfied:satisfied (and with respect to deliveries of Loan Documents, each such delivery shall be fully-executed (where applicable) and in form and substance reasonably satisfactory to the Agent and its counsel):

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (South Texas Supply Company, Inc.)

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 satisfiedsatisfied or waived in accordance with the terms hereof:

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (National CineMedia, Inc.)

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:satisfied (or waived by the Agent in writing):

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (SMART Global Holdings, Inc.)

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:satisfied (or waived in accordance with Section 14.1):

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Quotient Technology Inc.)

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, Loan or otherwise extend credit to Borrowers Borrower hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Solaris Energy Infrastructure, Inc.)

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