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

Conditions Precedent to the Initial Extension of Credit. The obligation of each Term Loan Lender to make its extension of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Term Loan Lender, of each of the conditions precedent set forth on Schedule 3.1.

Appears in 6 contracts

Samples: Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co)

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Conditions Precedent to the Initial Extension of Credit. The obligation of each Term Loan Lender to make its extension of credit provided for hereunder initial Term Loan is subject to the fulfillment, to the satisfaction of Agent and each Term Loan Lender, of each of the conditions precedent set forth on Schedule 3.1.

Appears in 3 contracts

Samples: Credit Agreement (Nuverra Environmental Solutions, Inc.), Bridge Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.), Term Loan Credit Agreement (Nuverra Environmental Solutions, Inc.)

Conditions Precedent to the Initial Extension of Credit. The obligation of each Term Loan the Lender to make its extension of the initial Loan (or otherwise to extend any credit provided for hereunder hereunder), is subject to the fulfillment, to the satisfaction of Agent and each Term Loan the Lender, or waiver by the Lender, of each of the conditions precedent set forth on Schedule 3.1in Section 3.2 and in Exhibit C attached hereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Quest Minerals & Mining Corp)

Conditions Precedent to the Initial Extension of Credit. The obligation of each Term Loan Lender to make its extension of credit Initial Tranche A Term Loan provided for hereunder is subject to the fulfillment, to the satisfaction of each Lender and Agent and each Term Loan Lender, of each of the conditions precedent set forth on Schedule 3.1.

Appears in 1 contract

Samples: Possession Term Loan Agreement (Colt Finance Corp.)

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Conditions Precedent to the Initial Extension of Credit. The obligation of each Term Loan Lender to make its extension of credit provided for hereunder the Term Loan on the Closing Date is subject to the fulfillment, to the satisfaction of Agent and each Term Loan Lender, of each of the conditions precedent set forth on Schedule 3.13.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent ).

Appears in 1 contract

Samples: Credit Agreement (Dixie Group Inc)

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