Conditions Precedent to Initial Revolving Loans Sample Clauses

Conditions Precedent to Initial Revolving Loans. In addition to the conditions set forth in Section 6.2, the Lenders shall not be required to fund any requested Revolving Loan, issue any Letter of Credit, or otherwise extend credit to the Borrowers hereunder, unless each of the following conditions has been satisfied:
AutoNDA by SimpleDocs
Conditions Precedent to Initial Revolving Loans. The obligations of the Banks to make the Revolving Loans in the initial Revolving Loan Borrowing on or after the Effective Date are subject to receipt by Administrative Agent, on or prior to the Effective Date, of (a) the Notice of Revolving Loan Borrowing requesting such Revolving Loan Borrowing delivered in accordance with this Restated Credit Agreement and (b) each item listed in Schedule 3.01, each in form and substance satisfactory to Administrative Agent, and with sufficient copies for, Administrative Agent, Collateral Agent and each Bank.
Conditions Precedent to Initial Revolving Loans. The obligation of Lenders to make the initial Revolving Loans on the Closing Date is subject to the satisfaction of the conditions precedent to all Revolving Loans provided for in Section 6.2 and each of the following conditions precedent:
Conditions Precedent to Initial Revolving Loans. At the time of the making of the initial Revolving Loans hereunder on the Closing Date, all obligations of Borrower hereunder incurred prior to the initial Revolving Loans (including, without limitation, Borrower's obligations to reimburse the reasonable fees and expenses of counsel to the Administrative Agent and any fees and expenses payable to the Administrative Agent and the Lenders as previously agreed with Borrower), shall have been paid in full, and the Administrative Agent shall have received the following, in form and substance reasonably satisfactory in all respects to the Administrative Agent:
Conditions Precedent to Initial Revolving Loans. The obligation of Bank to make its initial Revolving Loan is subject to the conditions precedent that:
Conditions Precedent to Initial Revolving Loans. At the time of the making of the initial Revolving Loans hereunder on the Closing Date, all obligations of Borrower hereunder incurred prior to the initial Revolving Loans (including, without limitation, Borrower's obligations to reimburse the reasonable fees and expenses of counsel to the Lender and any fees and expenses payable to the Lender as previously agreed with Borrower), shall have been paid in full, and the Lender shall have received the following, in form and substance reasonably satisfactory in all respects to the Lender:
Conditions Precedent to Initial Revolving Loans. At the time of the funding of the initial Revolving Loans hereunder, all obligations of Xxxxxx hereunder incurred prior to the initial Revolving Loans (including, without limitation, Xxxxxx'x obligations to reimburse the reasonable fees and expenses of counsel to the Agent and any fees and expenses payable to the Agent and the Lenders as previously agreed with Xxxxxx), shall have been paid in full, and the Agent shall have received the following, in form and substance reasonably satisfactory in all respects to the Agent:
AutoNDA by SimpleDocs
Conditions Precedent to Initial Revolving Loans. The obligation of Lender to make the initial Revolving Loans is subject to the satisfaction of, or waiver of, immediately prior to or concurrently with the making of such Revolving Loan of each of the following conditions precedent:
Conditions Precedent to Initial Revolving Loans. The obligation of the Banks to make the initial Revolving Loans hereunder is subject to the satisfaction of the condition precedent, in addition to the applicable conditions precedent set forth in Section 8 above, that the Borrowers shall have delivered to each Bank:
Conditions Precedent to Initial Revolving Loans and Letters of Credit under the DIP Facility. This Agreement shall become effective, if at all, on the date (the "Effective Date") not later than July 8, 1999 on which each of the following conditions is satisfied:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!