Common use of Conditions to Each Post-Closing Extension of Credit Clause in Contracts

Conditions to Each Post-Closing Extension of Credit. The agreement of each Lender (including each L/C Issuer) to make any Credit Extension requested to be made by it hereunder on any date, including the Initial Borrowing Date, (other than (x) Agent Advances and (y) a conversion of Loans to the other Type, or a continuation of Term Benchmark Loans) is subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Abl Credit Agreement (Mallinckrodt PLC), Abl Credit Agreement (Mallinckrodt PLC)

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Conditions to Each Post-Closing Extension of Credit. The agreement of each Lender (including each L/C Issuer) to make any Credit Extension extension of credit requested to be made by it hereunder on any date, including the Initial Borrowing Date, date (other than (x) Agent Advances the initial extensions of credit on the Closing Date (except with respect to the condition precedent specified in clause (d) below) and (y) a conversion of Loans to the other Type, or a continuation of Term Benchmark Eurocurrency Loans, and except as expressly permitted under Section 2.23) is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: First Lien Credit Agreement (Continental Building Products, Inc.)

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Conditions to Each Post-Closing Extension of Credit. The agreement of each Lender (including each L/C Issuer) to make any Credit Extension requested to be made by it hereunder on any date, including excluding the Initial Borrowing Date, (other than (x) Agent Advances and (y) a conversion of Loans to the other Type, or a continuation of Term Benchmark Loans) is subject to the satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Abl Credit Agreement (Turning Point Brands, Inc.)

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