Common use of Conditions Precedent to the Initial Clause in Contracts

Conditions Precedent to the Initial. Advance and the Issuance of the Initial Letter of Credit. The obligation of each Lender to make the initial Advance under the Loans, or issue the initial Letter of Credit, is subject to receipt by the Administrative Agent of each of the following, in form and substance satisfactory to the Administrative Agent, with a copy (except for the Notes) for each Lender:

Conditions Precedent to the Initial. Advance and the Issuance of the Initial Letter of Credit. The obligation of each Lender to make the initial Advance under the LoansLoan, or issue the initial Letter of Credit, (whichever shall occur first) is subject to receipt by the Administrative Agent of each of the following, in form and substance satisfactory to the Administrative Agent, with a copy (except for the Notes) for each Lender:

Conditions Precedent to the Initial. Advance and the Issuance of the Initial Letter of Credit. The obligation of each Lender to make the initial Advance under the LoansRevolving Loan, or issue the initial Letter of Credit, is subject to receipt by the Administrative Agent Lender of each of the following, in form and substance satisfactory to the Administrative AgentLender, with a copy (except for the Notes) for each Lender: