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

Conditions Precedent to the Initial Borrowing of TBC. The obligation of each Lender to make its initial Advance to TBC is subject to receipt by the Agent on or before the day of the initial Borrowing of all of the following, each dated as of the day hereof, in form and substance satisfactory to the Agent and its counsel:

Appears in 26 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

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Conditions Precedent to the Initial Borrowing of TBC. The obligation of each Lender Bank to make its initial Advance to TBC is subject to receipt by the fulfillment of all of the following conditions: The Administrative Agent shall have received on or before the day of the initial Borrowing of all of the following, each dated as the day of the day hereofinitial Borrowing, in form and substance satisfactory to the Administrative Agent and its counsel:.

Appears in 1 contract

Samples: Bank Credit Agreement (Boeing Capital Corp)

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