Common use of Conditions Precedent to the Extension of Credit Clause in Contracts

Conditions Precedent to the Extension of Credit. The obligation of each Lender to make its extension of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the following conditions precedent, prior to or substantially concurrently with the making of such extension of credit on the Closing Date:

Appears in 4 contracts

Samples: Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Holdings Corp.)

AutoNDA by SimpleDocs

Conditions Precedent to the Extension of Credit. The obligation of each Lender to make its extension the extensions of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the following conditions precedent, prior to or substantially concurrently with precedent set forth on Schedule 3.1 (the making of such extension initial extensions of credit on by a Lender being conclusively deemed to be its satisfaction or waiver of the Closing Date:conditions precedent).

Appears in 2 contracts

Samples: Credit Agreement (Unifi Inc), Credit Agreement (Unifi Inc)

Conditions Precedent to the Extension of Credit. The obligation of each Lender to make its extension an Advance on the occasion of credit provided for the Extension of Credit hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the following conditions precedent, prior to precedent before or substantially concurrently with the making Extension of such extension of credit on the Closing DateCredit:

Appears in 1 contract

Samples: Second Lien Credit Agreement (Landrys Restaurants Inc)

AutoNDA by SimpleDocs

Conditions Precedent to the Extension of Credit. The obligation of each the Lender Group (or any member thereof) to make its the extension of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the following of the conditions precedent, prior to or substantially concurrently with the making of such extension of credit on the Closing Date:

Appears in 1 contract

Samples: Credit Agreement (ECA Marcellus Trust I)

Time is Money Join Law Insider Premium to draft better contracts faster.