Conditions Precedent to Initial Loans. The obligation of the Lenders to make the initial Loans or issue Letters of Credit on the Closing Date is subject to the following conditions precedent:
Appears in 4 contracts
Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)
Conditions Precedent to Initial Loans. The obligation of the Lenders each Lender to make the its initial Loans or issue Letters and of the Issuing Bank to Issue any Letter of Credit on the Closing Date is subject to the satisfaction on the Closing Date of the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (Cke Restaurants Inc), Credit Agreement (Cke Restaurants Inc)
Conditions Precedent to Initial Loans. The obligation of the Lenders Lender to make the initial Loans or issue Letters of Credit Loan on the Closing Date is subject to the satisfaction or due waiver of each of the following conditions precedentprecedent on or before the Closing Date:
Appears in 1 contract
Samples: Senior Secured Revolving Credit Loan Agreement (First Trinity Financial CORP)
Conditions Precedent to Initial Loans. The obligation of the Agent and the Lenders to make the initial Loans or issue Letters of Credit on the Closing Date hereunder is subject to the satisfaction of, extension of or waiver in writing of, on or prior to, the Closing Date, the following conditions precedent:
Appears in 1 contract
