Conditions Precedent to Revolving Loans. The obligation of each Lender to fund any Revolving Loan and of each Issuer to issue a Letter of Credit on the occasion of any Borrowing (including the initial Borrowing) shall be subject to the satisfaction of each of the conditions precedent set forth in this Section 5.2.
Conditions Precedent to Revolving Loans. The obligation of each applicable Lender to make Revolving Loans, is subject, at the time of each such borrowing, to the satisfaction or waiver of the following conditions:
Conditions Precedent to Revolving Loans. The obligation of the Lender to make Revolving Loans after the Closing Date and prior to the Maturity Date shall, in addition to the fulfillment of the conditions set forth in Section 5.1 above, be subject to the following:
Conditions Precedent to Revolving Loans. Following the Closing Date, any obligation of Lender to make any Revolving Loan shall be subject to the satisfaction of each of the following conditions precedent as determined by Xxxxxx in its sole discretion (unless waived by Xxxxxx in its sole discretion):
(a) (i) in connection with the first Revolving Loan Disbursement contemplated in Section 2.1(a)(iii) for any Approved Project, Lender shall have received evidence that the applicable Approved Project is ready to commence construction and issue a notice to proceed or its equivalent pursuant to the applicable EPC Contract for such Approved Project in form and substance acceptable to Lender, and (ii) in connection with the last Revolving Loan Disbursement contemplated in Section 2.1(a)(iii) for any Approved Project, Lender shall have received evidence that the applicable Approved Project is ready to complete construction and issue or approve a notice of final completion or its equivalent pursuant to the applicable EPC Contract for such Approved Project in form and substance acceptable to Lender.
(b) The following statements shall be true and each of (x) the delivery by Borrower of the applicable Notice of Borrowing and (y) the acceptance by Borrower of the proceeds of such Revolving Loan shall constitute a representation and warranty by Borrower that, on the date of such notice and on the date of such borrowing, as the case may be, each such statement is true:
(i) Neither Lender nor Borrower shall have terminated the Revolving Loan Commitment, nor shall a Default or an Event of Default exist or have occurred, or would exist or occur as a result of such Loan;
(ii) No Material Adverse Effect shall have occurred and be continuing and no event or circumstance exists that could reasonably be expected to result in a Material Adverse Effect; and
(iii) The representations and warranties of the Loan Parties in the Loan Documents shall be true and correct in all material respects (or, to the extent any such representations or warranties are subject to a materiality qualifier or Material Adverse Effect standard, such representations or warranties are true and correct in all respects) on the date of, and upon giving effect to, such Loan (except for representations and warranties that expressly relate to an earlier date, in which case such representations and warranties shall be true and correct in all material respects (or, to the extent any such representations or warranties are subject to a materiality qualifier o...
Conditions Precedent to Revolving Loans. The obligation of any Agent or any Lender to make any Revolving Loan (other than Revolving Loans made pursuant to Section 3.03) or of any Agent to issue any Support Agreement or of any LC Issuer to issue any Lender Letter of Credit after the Effective Date is subject to the fulfillment, of each of the following conditions precedent:
Conditions Precedent to Revolving Loans. Section 3.1. Conditions to Initial Revolving Loan 12 Section 3.2. Each Revolving Loan 12
Conditions Precedent to Revolving Loans. 75 SECTION 3.03 CONDITIONS PRECEDENT TO THE CEREDO EFFECTIVE DATE.........75
Conditions Precedent to Revolving Loans. The obligation of any Lender to make its respective Revolving Advance and the obligation of the Issuing Bank to issue the DLC Letter of Credit or any Operational Letter of Credit under this Agreement is subject to the fulfillment on the applicable Revolving Loan Funding Date in a manner satisfactory to each such Lender of the following conditions precedent:
Conditions Precedent to Revolving Loans. The obligation of any Agent or any Lender to make any Loan pursuant to a Revolving Loan Commitment after the Effective Date is subject to the fulfillment, in a manner satisfactory to the Origination Agent, of each of the following conditions precedent:
Conditions Precedent to Revolving Loans. The obligations of the Revolving Loan Lenders to make Revolving Loans on any Funding Date are subject to (a) the concurrent or prior occurrence of the Effective Date, (b) the concurrent or prior funding of the Initial Advance Term Loan and (c) the satisfaction (or due waiver in accordance with Section 11.1) on or before such Funding Date of the following conditions precedent:
