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

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:

Appears in 2 contracts

Samples: Credit and Security Agreement (MVC Capital, Inc.), Credit and Security Agreement (MVC Capital, Inc.)

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Conditions Precedent to Initial Revolving Loans. The obligation of Lenders each Lender to make the initial any Revolving Loans Loan on the Closing Date is subject to the satisfaction or due waiver of the conditions precedent to all Revolving Loans provided for in Section 6.2 and each of the following conditions precedentprecedent on or before June 25, 2010:

Appears in 1 contract

Samples: Credit Agreement (Parlux Fragrances Inc)

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Conditions Precedent to Initial Revolving Loans. The obligation of Lenders each Lender to make the its initial Revolving Loans and of the Issuing Bank to Issue any Letter of Credit on the Closing Date is subject to the satisfaction of on the conditions precedent to all Revolving Loans provided for in Section 6.2 and each Closing Date of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Cke Restaurants Inc)

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