CONDITIONS TO EFFECTIVENESS AND LENDING. 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.15.....................................32 3.02. Additional Conditions Precedent to Effectiveness....................................................33 3.03. Conditions Precedent to Each Revolving Borrowing....................................................33 3.04. Conditions Precedent to Each Competitive Bid Borrowing..............................................34 3.05. Determinations Under Sections 3.01 and 3.02.........................................................34 3.06. Notice of Effective Date............................................................................34
Appears in 1 contract
CONDITIONS TO EFFECTIVENESS AND LENDING. SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.15.....................................32 2.03......................... 35 SECTION 3.02. Additional Conditions Precedent to Effectiveness....................................................33 3.03. Conditions Precedent to Each Revolving Credit Borrowing....................................................33 3.04................................. 37 SECTION 3.03. Conditions Precedent to Each Competitive Bid Borrowing..............................................34 .................................. 38 SECTION 3.04. Conditions Precedent to the Term Loan Election.......................................... 39 SECTION 3.05. Determinations Under Sections 3.01 and 3.02.........................................................34 3.06. Notice of Effective Date............................................................................34Section 3.01....................................................... 39
Appears in 1 contract
Samples: Credit Agreement (Detroit Edison Co)
CONDITIONS TO EFFECTIVENESS AND LENDING. SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.15.....................................32 2.03 ....38 SECTION 3.02. Additional Conditions Precedent to Effectiveness....................................................33 Initial Borrowing ..........................40 SECTION 3.03. Initial Loan to Each Designated Subsidiary .........................40 SECTION 3.04. Conditions Precedent to Each Revolving Borrowing....................................................33 3.04Credit Borrowing ............41 SECTION 3.05. Conditions Precedent to Each Competitive Bid Borrowing..............................................34 3.05Borrowing .............42 SECTION 3.06. Determinations Under Sections Section 3.01 and 3.02.........................................................34 3.06. Notice of Effective Date............................................................................34..................................43
Appears in 1 contract
CONDITIONS TO EFFECTIVENESS AND LENDING. SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.15.....................................32 2.03............ 38 SECTION 3.02. Additional Conditions Precedent to Effectiveness....................................................33 3.03. Conditions Precedent to Each Revolving Credit Borrowing....................................................33 3.04.................... 39 SECTION 3.03. Conditions Precedent to Each Competitive Bid Borrowing..............................................34 ..................... 40 SECTION 3.04. Conditions Precedent to Each Increase Date................................. 40 SECTION 3.05. Determinations Under Sections 3.01 and 3.02.........................................................34 3.06. Notice of Effective Date............................................................................34Section 3.01.......................................... 41
Appears in 1 contract
CONDITIONS TO EFFECTIVENESS AND LENDING. 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.15.....................................32 ....... 39 3.02. Additional Conditions Precedent to Effectiveness....................................................33 ...................... 41 3.03. Conditions Precedent to Each Revolving Borrowing....................................................33 ...................... 41 3.04. Conditions Precedent to Each Redemption Borrowing..................... 41 3.05. Conditions Precedent to Each Competitive Bid Borrowing..............................................34 3.05................ 42 3.06. Determinations Under Sections 3.01 and 3.02.........................................................34 3.06........................... 42 3.07. Notice of Effective Date............................................................................34.............................................. 43
Appears in 1 contract
CONDITIONS TO EFFECTIVENESS AND LENDING. SECTION 3.01. Conditions Precedent to Effectiveness of Sections 2.01 and 2.15.....................................32 2.03............................................... 34 SECTION 3.02. Additional Conditions Precedent to Effectiveness....................................................33 Initial Borrowing of Each Designated Subsidiary..........35 SECTION 3.03. Conditions Precedent to Each Revolving Credit Borrowing....................................................33 ..36 SECTION 3.04. Conditions Precedent to Each Competitive Bid Borrowing..............................................34 ...37 SECTION 3.05. Conditions Precedent to Extension of the Final Maturity Date............................ 38 SECTION 3.06. Determinations Under Sections 3.01 and 3.02.........................................................34 3.06. Notice of Effective Date............................................................................34Section 3.01........................38
Appears in 1 contract