Conditions Precedent to Initial Revolving Credit Loan. The obligation of the Lenders to make an initial Revolving Credit Loan is subject to the condition precedent that (1) the Agent shall have received each of the following documents, in form and substance satisfactory to the Agent and its counsel, and (2) each of the following other requirements shall have been fulfilled:
Appears in 4 contracts
Samples: Financing Agreement (Fibermark Inc), Financing Agreement (Arcon Coating Mills Inc), Financing Agreement (Fibermark Inc)
Conditions Precedent to Initial Revolving Credit Loan. The obligation of the Lenders Bank to make an the initial Revolving Credit Loan to the Borrower is subject to the condition conditions precedent that (1) the Agent Bank shall have received on or before the day of such Revolving Credit Loan each of the following documentsfollowing, in form and substance satisfactory to the Agent Bank and its counsel, and (2) each of the following other requirements shall have been fulfilled:
Appears in 4 contracts
Samples: Credit and Term Loan Agreement, Revolving Credit Agreement (Burlington Coat Factory Warehouse Corp), Revolving Credit and Term Loan Agreement (Burlington Coat Factory Warehouse Corp)
Conditions Precedent to Initial Revolving Credit Loan. The obligation of the Lenders each Bank to make an its initial Revolving Credit Loan to the Borrower is subject to the condition conditions precedent that (1) the Agent shall have received on or before the day of such Revolving Credit Loan each of the following documentsfollowing, in form and substance satisfactory to the Agent and its counsel, counsel and (2except for the Notes) in sufficient copies for each of the following other requirements shall have been fulfilledBank:
Appears in 2 contracts
Samples: Term Loan Agreement (Carey International Inc), Revolving Credit Agreement (Carey International Inc)
