Conditions to Credit Extensions on the Closing Date Sample Clauses

Conditions to Credit Extensions on the Closing Date. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject solely to satisfaction (or waiver) of the following conditions precedent: Prior to or substantially concurrently with the initial Borrowing on the Closing Date,
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Conditions to Credit Extensions on the Closing Date. The obligation of each Lender and L/C Issuer, as applicable, to make its initial Credit Extension hereunder on the Closing Date is subject to the satisfaction as to form and substance in the opinion of the Administrative Agent (acting reasonably) or due waiver in accordance with Section 10.01 of each of the following conditions precedent on or prior to the Closing Date:
Sample 1

Related to Conditions to Credit Extensions on the Closing Date

  • Conditions to All Credit Extensions after the Closing Date Following the Closing Date, the obligation of each Lender to honor any Request for Credit Extension (other than a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following conditions precedent:

  • Conditions to Credit Extensions SECTION 4.01. Conditions to Initial Credit Extension........................62 SECTION 4.02. Conditions to All Credit Extensions...........................67 ARTICLE V

  • Conditions Precedent to Credit Extensions 50 4.01.... Conditions of Initial Credit Extension................................................................. 50 4.02.... Conditions to all Credit Extensions.................................................................... 54

  • Conditions to Initial Extensions of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, immediately prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Conditions to Initial Credit Extension The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

  • Conditions Precedent to Initial Credit Extension Bank’s obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

  • Conditions Precedent to all Extensions of Credit The obligation of the Lender Group (or any member thereof) to make any Revolving Loans hereunder (or to extend any other credit hereunder) at any time shall be subject to the following conditions precedent:

  • Conditions Precedent to all Credit Extensions The obligation of Bank to make each Credit Extension, including the initial Credit Extension, is further subject to the following conditions:

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