Conditions to Closing Date Borrowing. The obligation of each Lender to make its initial Loan as a part of the Borrowing and of the L/C Issuer to issue Letters of Credit, in each case, on the Closing Date is subject to the satisfaction or waiver by the Administrative Agent of the following conditions precedent:
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Samples: Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.), Abl Credit Agreement (Steinway Musical Instruments Holdings, Inc.)
Conditions to Closing Date Borrowing. The obligation of each Lender to make its initial a Loan as a part of the Borrowing and of the L/C Issuer to issue Letters of Credit, in each case, on the Closing Date is subject to Section 2.24(b) and the satisfaction (or waiver by the Administrative Agent waiver) of the following conditions precedenton Closing Date:
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