Common use of CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BANKS Clause in Contracts

CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BANKS. The obligations of the Banks to make the initial Loans on the Closing Date, to issue any Letter of Credit and to make any subsequent Loan are subject to the fulfillment or waiver in writing of each of the following conditions precedent. The Borrower shall deliver to the Agent copies for each Bank of each document, instrument or other item to be delivered pursuant to this Section 6.

Appears in 2 contracts

Samples: Loan Agreement (Crown Castle International Corp), Loan Agreement (Crown Castle International Corp)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BANKS. The obligations of the Banks to make the initial Loans on the Closing Date, any Loan or to issue or renew any Letter of Credit and the performance by the Banks of the other actions to make any subsequent Loan be taken by them on or after the Closing Date are subject to the fulfillment or waiver in writing of each of the following conditions precedent. The Borrower shall deliver to the Administrative Agent copies for each Bank of each document, instrument or other item to be delivered pursuant to this Section 6.

Appears in 1 contract

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/)

CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BANKS. The obligations of the Banks to make the initial Loans on the Closing Date, to issue any Letter of Credit and to make any subsequent Loan are subject to the fulfillment or waiver in writing of each of the following conditions precedent. The Borrower Borrowers shall deliver to the Administrative Agent copies for each Bank of each document, instrument or other item to be delivered pursuant to this Section 6.

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BANKS. The obligations of the Banks to make the initial Loans on the Closing Date, any Loan or to issue or renew any Letter of Credit and the performance by the Banks of the other actions to make any subsequent Loan be taken by them on or after the Closing Date are subject to the fulfillment or waiver in writing of each of the following conditions precedent. The Borrower shall deliver to the Agent copies for each Bank of each document, instrument or other item to be delivered pursuant to this Section 6.

Appears in 1 contract

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/)

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CONDITIONS PRECEDENT TO OBLIGATIONS OF THE BANKS. The obligations of the Banks to make any Loan and the initial Loans performance by the Banks of the other actions to be taken by them on or after the Closing Date, to issue any Letter of Credit and to make any subsequent Loan Date are subject to the fulfillment or waiver in writing of each of the following conditions precedent. The Borrower shall deliver to the Agent copies for each Bank of each document, instrument or other item to be delivered pursuant to this Section 6.

Appears in 1 contract

Samples: Loan Agreement (Osborn Communications Corp /De/)

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