Common use of Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary Clause in Contracts

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 on the occasion of the initial Borrowing thereby is subject to the Agent’s receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent and dated such date:

Appears in 5 contracts

Samples: Year Credit Agreement (Lubrizol Corp), Credit Agreement (Lubrizol Corp), Credit Agreement (Lubrizol Corp)

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Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Revolving Credit Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 9.08 on the occasion of the initial Borrowing thereby is subject to the Administrative Agent’s 's receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Administrative Agent and dated such date:

Appears in 4 contracts

Samples: Day Credit Agreement (Black & Decker Corp), Day Credit Agreement (Black & Decker Corp), Credit Agreement (Black & Decker Corp)

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 on the occasion of the initial Borrowing thereby is subject to the Agent’s 's receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent and dated such date:

Appears in 2 contracts

Samples: Credit Agreement (Lubrizol Corp), Day Credit Agreement (Lubrizol Corp)

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Revolving Credit Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 9.08 on the occasion of the initial Borrowing thereby is subject to the Agent’s 's receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent and dated such date:

Appears in 2 contracts

Samples: Year Credit Agreement (Lafarge North America Inc), Day Credit Agreement (Lafarge North America Inc)

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Revolving Credit Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 10.08 on the occasion of the initial Borrowing thereby is subject to the Agent’s receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent and dated such date:

Appears in 1 contract

Samples: Five Year Credit Agreement (Lafarge North America Inc)

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 on the occasion of the initial Borrowing thereby is subject to the Agent’s receipt on or before three Business Days prior to the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent and dated such date:

Appears in 1 contract

Samples: Credit Agreement (LUBRIZOL Corp)

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Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 9.08 on the occasion of the initial Borrowing thereby is subject to the Administrative Agent’s 's receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Administrative Agent and dated such date:

Appears in 1 contract

Samples: Credit Agreement (Black & Decker Corp)

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Revolving Credit Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 9.08 on the occasion of the initial Borrowing thereby is subject to the Agent’s receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Agent and dated such date:

Appears in 1 contract

Samples: Year Credit Agreement (Lafarge North America Inc)

Conditions Precedent to the Initial Borrowing of Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated Subsidiary following its designation as a Borrower hereunder pursuant to Section 9.12 9.08 on the occasion of the initial Borrowing thereby is subject to the Administrative Agent’s receipt on or before the date of such initial Borrowing of each of the following, in form and substance satisfactory to the Administrative Agent and dated such date:

Appears in 1 contract

Samples: Year Credit Agreement (Black & Decker Corp)

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