Common use of Conditions to Extensions of Credit Clause in Contracts

Conditions to Extensions of Credit. As of the Facility Increase Date for such Facility Increase, (i) the conditions precedent set forth in Section 3.2 shall have been satisfied both before and after giving effect to such Facility Increase, (ii) such Facility Increase shall be made on the terms and conditions set forth in Section 2.1(c) and (iii) the Company and its Subsidiaries shall be in compliance with Article V as of the most recently ended Fiscal Quarter for which Financial Statements were delivered hereunder on a pro forma basis both before and after giving effect to such Facility Increase.

Appears in 3 contracts

Samples: Credit Agreement (Marquee Holdings Inc.), Credit Agreement (Amc Entertainment Inc), Credit Agreement (Marquee Holdings Inc.)

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Conditions to Extensions of Credit. As of the Facility Increase Date for such Facility Increase, (i) the conditions precedent set forth in Section 3.2 shall have been satisfied both before and after giving effect to such Facility Increase, (ii) such Facility Increase shall be made on the terms and conditions set forth in Section 2.1(c2.1(b)(i) and (iii) the Company and its Subsidiaries Group Members shall be in compliance with Article V as of the most recently ended Fiscal Quarter for which Financial Statements were delivered hereunder on a pro forma basis both before and after giving effect to such Facility Increase.

Appears in 2 contracts

Samples: Credit Agreement (Assisted Living Concepts Inc), Credit Agreement (Assisted Living Concepts Inc)

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Conditions to Extensions of Credit. As of the Facility Facilities Increase Date for such Facility Facilities Increase, (i) the conditions precedent set forth in Section 3.2 shall have been satisfied both before and after giving effect to such Facility Facilities Increase, (ii) such Facility Facilities Increase shall be made on the terms and conditions set forth in Section 2.1(c2.1(c)(i) and (iii) the Company and its Subsidiaries Group Members shall be in compliance with Article V as of the most recently ended Fiscal Quarter for which Financial Statements were delivered hereunder on a pro forma basis both before and after giving effect to such Facility Facilities Increase.

Appears in 1 contract

Samples: Credit Agreement (Beacon Roofing Supply Inc)

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