Common use of Conditions Precedent to Subsequent Advances Clause in Contracts

Conditions Precedent to Subsequent Advances. The obligation of each Lender to make any disbursement or advance subsequent to the initial disbursement or initial advance under the Revolving Loans, or of Huntington as issuing bank to issue any Letters of Credit is subject to all the conditions and requirements of this Agreement and delivery of the following required documents, or other action, all of which are conditions precedent:

Conditions Precedent to Subsequent Advances. The obligation of each Lender to make any disbursement or advance subsequent to the initial disbursement or initial advance under of the Revolving Loans, or of Huntington either Issuing Bank to procure, issue or extend, as issuing bank to issue the case may be, any Letters of Credit is subject to all the conditions and requirements of this Agreement and delivery of the following required documents, or other action, all of which are conditions precedent: