Conditions Precedent to Initial Loans. In addition to any other conditions precedent set forth in this Agreement or any other Loan Document, none of Administrative Agent, LC Issuer, nor any Lender shall be required to fund any requested Loan, issue any Letter of Credit, or otherwise make any extension of credit or financial accommodation to or for the benefit or account of any Borrower hereunder until the date that each of the following conditions precedent has been satisfied (as determined by Administrative Agent) or waived in accordance with the terms of this Agreement:
Appears in 7 contracts
Sources: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.), Credit Agreement (Forbes Energy Services Ltd.)
Conditions Precedent to Initial Loans. In addition to any other conditions precedent set forth in this Agreement or any other Loan Document, none of Administrative Agent, LC Issuer, nor any Lender shall be required to fund any requested Loan, issue any Letter of Credit, or otherwise make any extension of credit or financial accommodation to or for the benefit or account of any Borrower hereunder until as of the date that of this Agreement until each of the following conditions precedent has been satisfied (as determined by Administrative Agent) or waived in accordance with the terms of this Agreement:: (a)
Appears in 2 contracts
Sources: Credit Agreement and Security Agreement (Alpha Metallurgical Resources, Inc.), Credit Agreement (Alpha Metallurgical Resources, Inc.)