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

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

Appears in 6 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.), Credit Agreement (Overseas Shipholding Group Inc)

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

Appears in 3 contracts

Samples: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc), Credit Agreement (NightHawk Radiology Holdings Inc)

Conditions Precedent to the Initial Borrowing Date. The obligation of each Lender to make Loans on the Initial initial Borrowing Date is subject subject, at the time of the making of such Loans Borrowing, to the satisfaction or waiver of the following conditionsconditions precedent set forth in this Section 5.1:

Appears in 1 contract

Samples: Credit Agreement (Vitro Sa De Cv)

Conditions Precedent to the Initial Borrowing Date. The obligation of each Lender to make Loans on the Initial Borrowing Date Date, and the obligation of any Issuing Lender to issue any Letter of Credit on the Initial Borrowing Date, is subject at the time of the making of such Loans and/or the issuance of such Letter of Credit to the satisfaction or waiver of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Genco Shipping & Trading LTD)

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Conditions Precedent to the Initial Borrowing Date. The obligation of each Lender the Lenders to make Loans on the Initial Borrowing Date Date, is subject at the time of the making of such Loans to the satisfaction or waiver of the following conditions:

Appears in 1 contract

Samples: Secured Debtor in Possession Credit Agreement

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