Conditions Precedent to the Initial Borrowing Date. The obligation of each Bank to make each Loan to the Borrower hereunder on the Initial Borrowing Date, and the obligation of the Letter of Credit Issuer to issue each Letter of Credit hereunder on the Initial Borrowing Date, are subject, on the Initial Borrowing Date, to the satisfaction of the following conditions:
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Samples: Credit Agreement (Primedia Inc), Credit Agreement (Primedia Inc)
Conditions Precedent to the Initial Borrowing Date. The obligation of each Bank Lender to make each Loan to the Borrower hereunder on the Initial Borrowing Datehereunder, and the obligation of the Letter of Credit Issuer to issue each Letter of Credit hereunder hereunder, in either case on the Initial Borrowing Date, are Date is subject, on at the Initial Borrowing Date, time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions:
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Samples: Security Agreement (Symons Corp)
Conditions Precedent to the Initial Borrowing Date. The obligation of each Bank Lender to make each Loan to the Borrower hereunder on the Initial Borrowing DateLoans, and the obligation of the each Letter of Credit Issuer to issue each Letter Letters of Credit hereunder on the Initial Borrowing Date, are subjectCredit, on the Initial Borrowing Date, is subject to the satisfaction of each of the following conditions:
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