Common use of Conditions to Each Extension of Credit Clause in Contracts

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it on any date (including its initial extension of credit) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to Section 10.1) of the following conditions precedent as of the borrowing date for such Loan:

Appears in 7 contracts

Samples: 364 Day Revolving Credit Agreement (General Motors Financial Company, Inc.), 364 Day Revolving Credit Agreement (General Motors Co), 364 Day Revolving Credit Agreement (General Motors Financial Company, Inc.)

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Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation extension of an outstanding Loan) credit requested to be made by it hereunder on any date (including its initial extension Loans disbursed on the Closing Date but excluding any Revolving Loan Conversion, any conversion of creditLoans pursuant to Section 2.13(a) and any continuation of Loans pursuant to Section 2.13(b))) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to Section 10.1) of the following conditions precedent as of the borrowing date for such Loanprecedent:

Appears in 6 contracts

Samples: Senior Secured Credit Agreement (Monotype Imaging Holdings Inc.), Credit Agreement (Alarm.com Holdings, Inc.), Credit Agreement (Carbonite Inc)

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it on any date (including its initial extension of credit) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to in accordance with Section 10.1) of the following conditions precedent as of the borrowing date for of such Loan:

Appears in 6 contracts

Samples: 364 Day Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co), 364 Day Revolving Credit Agreement (Ford Motor Co)

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it hereunder on any date (including its initial extension of creditLoan) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to Section 10.1) of the following conditions precedent as of the borrowing date for such Loanprecedent:

Appears in 5 contracts

Samples: Second Lien Secured Priming Superpriority Debtor in Possession Credit Agreement, Debtor in Possession Credit Agreement, Second Lien Secured Priming Superpriority Debtor in Possession Credit Agreement

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation extension of an outstanding Loan) credit requested to be made by it hereunder on any date (including its initial extension Loans disbursed on the Closing Date but excluding any Revolving Loan Conversion, any conversion of creditLoans pursuant to Section 2.13(a) and any continuation of Loans pursuant to Section 2.13(b)) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to Section 10.1) of the following conditions precedent as of the borrowing date for such Loanprecedent:

Appears in 5 contracts

Samples: Credit Agreement (Carbonite Inc), Credit Agreement (Alarm.com Holdings, Inc.), Credit Agreement (Fitbit Inc)

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it on any date (including its initial extension of credit) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to in accordance with Section 10.1) of the following conditions precedent as of the borrowing date for of such Loan: (a) [Reserved].

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ford Motor Co), Revolving Credit Agreement (Ford Motor Co)

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Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it on any date (including its initial extension of credit) is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to in accordance with Section 10.110.110.1) of the following conditions precedent as of the borrowing date for of such Loan: (a) [Reserved].

Appears in 1 contract

Samples: Revolving Credit Agreement (Ford Motor Co)

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it on any date (including its initial extension of credit) including, without limitation, the Closing Date), is subject to the Closing Date having occurred receipt of a Notice of Transaction for a Term Loan or a Revolving Credit Loan, as applicable, and to the satisfaction (or waiver pursuant to Section 10.1) of the following conditions precedent as of the borrowing date for such LoanLoan is requested to be made:

Appears in 1 contract

Samples: Credit Agreement (Cpi Aerostructures Inc)

Conditions to Each Extension of Credit. The agreement of each Lender to make any Loan (it being expressly understood and agreed that the foregoing shall not apply to any conversion or continuation of an outstanding Loan) requested to be made by it on any date (including its initial extension of credit) during the Availability Period is subject to the Closing Date having occurred and to the satisfaction (or waiver pursuant to in accordance with Section 10.1) of the following conditions precedent as of the borrowing date for of such Loan:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Ford Motor Co)

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