Common use of Conditions Precedent to the Initial Credit Event Clause in Contracts

Conditions Precedent to the Initial Credit Event. The obligation of each Lender to make its initial Loan or the Issuing Bank to issue the initial Letter of Credit (whichever event shall first occur) for the account of the Borrower is subject to the following conditions:

Conditions Precedent to the Initial Credit Event. The obligation of each Lender to make its initial Loan or of the Issuing Bank to issue the initial Letter of Credit (whichever event shall first occur) for the account of the Borrower is subject to the following conditions:

Conditions Precedent to the Initial Credit Event. The obligation of each Lender to make its initial Loan or the Issuing Bank to issue the initial Letter of Credit (whichever event shall first occur) for under the account of the Borrower Existing Credit Agreement as amended and restated hereby is subject to the following conditions:

Conditions Precedent to the Initial Credit Event. The obligation of each Lender to make its initial Loan or the Issuing Bank to accept and purchase any Bankers' Acceptance or either Issuer to issue the initial Letter of Credit (whichever event shall first occur) for the account of the Borrower is subject to the following conditions:

Conditions Precedent to the Initial Credit Event. The obligation of each Lender to make its initial Loan or the Issuing Bank to issue the initial Letter of Credit (whichever event shall first occur) for the account of the Borrower is subject to the following conditions: