Conditions Precedent to the Initial Credit Extension. The obligation of the Lenders to effect any Credit Extension is subject to the condition precedent that, on or before the day of the first Credit Extension, the Administrative Agent shall have received the following, each in form and substance satisfactory to the Required Lenders:
Conditions Precedent to the Initial Credit Extension. This Agreement shall become effective as of such date (the “Initial Funding Date”) when (i) the Administrative Agent shall have received each of the documents, agreements (in fully executed form), opinions of counsel, lien search results, UCC filings, certificates and other deliverables listed as “Pre-Funding Deliverables” on the closing memorandum attached as Exhibit G hereto, in each case, in form and substance acceptable to the Administrative Agent and (ii) each of the conditions set forth in Section 5.02 hereof are satisfied; provided, that the conditions to the Initial Funding Date must occur prior to April 1, 2023 (or such later date approved in writing by the Administrative Agent) for satisfaction of this Section 5.01(b).
Conditions Precedent to the Initial Credit Extension. The obligation of Lender to make the Initial Credit Extension hereunder is subject to the fulfillment, to the satisfaction of Lender (the making of such Initial Credit Extension by Lender being conclusively deemed to be its satisfaction or waiver of the following), of each of the following conditions precedent:
Conditions Precedent to the Initial Credit Extension. Bank’s obligation to make the initial Credit Extension is subject to the following conditions precedent:
