Common use of Conditions Precedent to Loans on the Initial Borrowing Date Clause in Contracts

Conditions Precedent to Loans on the Initial Borrowing Date. The obligation of each Bank to make Loans on the Initial Borrowing Date is subject at the time of such Loan to the satisfaction of the following conditions:

Appears in 5 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Ubiquitel Inc), Credit Agreement (Moovies Inc)

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Conditions Precedent to Loans on the Initial Borrowing Date. The obligation of each Bank to make Loans on the Initial Borrowing Date and the Issuing Bank to issue any Letter of Credit on the Initial Borrowing Date is subject at the time of such Loan Credit Events to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Scovill Holdings Inc)

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Conditions Precedent to Loans on the Initial Borrowing Date. The obligation of each Bank to make Loans on the Initial Borrowing Date is subject subject, at the time of each such Loan Loan, to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Video Update Inc)

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