Common use of Conditions to Each Credit Extension Clause in Contracts

Conditions to Each Credit Extension. The several obligation of each Lender to make, or cause one of its Affiliates to make, a Loan (but not any continuation or conversion thereof) or of each Issuing Bank to issue, amend or extend, or cause one of its Affiliates to issue, amend or extend, a Letter of Credit is subject to the satisfaction of the following conditions precedent, unless, in each case, waived by the Requisite Lenders or by such Issuing Bank:

Conditions to Each Credit Extension. The several obligation of each Lender to make, or cause one of its Affiliates to make, a Loan (but not any continuation or conversion thereof) or of each Issuing Bank to issue, amend or extend, or cause one of its Affiliates to issue, amend or extend, extend a Letter of Credit is subject to the satisfaction of the following conditions precedent, unless, in each case, waived by the Requisite Lenders or by such Issuing Bank: