Conditions to Certain Loans Sample Clauses

Conditions to Certain Loans. In the event the proceeds of the Revolving Loan are to be used to finance all or a portion of the purchase price of a Permitted Acquisition, the obligations of each Lender to make such Loan is subject to the satisfaction of the following conditions precedent on the relevant Borrowing date:
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Conditions to Certain Loans. 30 4.4 Conditions for Additional Subsidiary Borrowers..............30 SECTION 5. AFFIRMATIVE COVENANTS 30
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Conditions to Certain Loans. The right of any Borrower or any Subsidiary of any Borrower to make an Acquisition, and the obligation of Lender to make any Advance of the Revolving Loan the proceeds of which are to be used to finance all or a portion of the purchase
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Conditions to Certain Loans. (a) The agreement of each Lender to make any Loan requested to be made by it on any date (including, without limitation, its initial Loan) when a Consent Event described in clause (i) of the definition of such term shall have occurred and be continuing or would result therefrom shall be subject to the receipt by the Administrative Agent of either (x) the consent with respect to the Company described in Part II of Schedule 3.4 or (y) an Applicable Amendment having become effective; a copy of such consent or Applicable Amendment, as the case may be, certified to be complete and correct by a duly authorized officer of the Company; and the Administrative Agent shall be satisfied with the form and substance thereof, and (b) the agreement of each Lender to make any Loan requested to be made by it on any date (including, without limitation, its initial Loan) when a Consent Event described in clause (ii) of the definition of such term shall have occurred and be continuing or would result therefrom shall be subject to the receipt by the Administrative Agent of either (x) the consent with respect to Aspen UK Insurance Services Limited described in Part II of Schedule 3.4 or (y) an Applicable Amendment with respect thereto having become effective; a copy of such consent or Applicable Amendment, as the case may be, certified to be complete and correct by a duly authorized officer of Aspen UK Insurance Services Limited; and the Administrative Agent shall be satisfied with the form and substance thereof.
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Related to Conditions to Certain Loans

  • CONDITIONS TO LOANS The obligations of Lenders to make Loans are subject to satisfaction of all of the applicable conditions set forth below.

  • Conditions to Subsequent Advances Lenders will have no obligation to fund any Advance after the initial Revolving Loan Advance unless:

  • Restriction of Amendments to Certain Documents Not amend or otherwise modify, or waive any rights under, any Subordinated Debt Documents to the extent such amendment, modification or waiver would be materially adverse to the Lenders.

  • Conditions to Initial Advances The agreement of Lenders to make the initial Advances requested to be made on the Closing Date is subject to the satisfaction, or waiver by Agent, immediately prior to or concurrently with the making of such Advances, of the following conditions precedent:

  • Conditions to Initial Loans The agreement of each Lender to make Loans hereunder and the effectiveness of this Agreement is subject to the satisfaction, prior to or on the Closing Date, of the following conditions precedent, which conditions precedent apply to and shall be satisfied by the Borrower:

  • Additional Conditions to Swingline Loans If a Swingline Loan is requested, all conditions set forth in Section 2.4 shall have been satisfied.

  • CONDITIONS TO ALL BORROWINGS The obligations of the Lenders to make any Loan or issue any Letter of Credit, whether on or after the Closing Date, shall also be subject to the satisfaction of the following conditions precedent:

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions to Initial Borrowing The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

  • Conditions to Disbursement The obligation of Lender to disburse the proceeds of the Loan shall be subject to satisfaction of each of the following conditions precedent on or before the Closing Date (unless another date is specifically referenced below):

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