Common use of Conditions Precedent to Initial Revolving Loans Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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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.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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Conditions Precedent to Initial Revolving Loans. (a) The obligations of the Banks Lenders 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 3.013.01(a), each in form and substance satisfactory to Administrative Agent, and with sufficient copies for, Administrative Agent, Collateral Agent and each BankLender.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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