Common use of Conditions to First Borrowing Clause in Contracts

Conditions to First Borrowing. The obligation of each Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 10 contracts

Samples: Credit Agreement (Kemet Corporation), Credit Agreement (Darden Restaurants Inc), Credit Agreement (Franklin Electric Co Inc)

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Conditions to First Borrowing. The obligation of each the Bank to make a Loan an Advance on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 4.02 and the following additional conditions:

Appears in 5 contracts

Samples: Credit Agreement (Source Co), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

Conditions to First Borrowing. The obligation of each Bank to make a Loan an Advance on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 2 contracts

Samples: Credit Agreement (Scansource Inc), Credit Agreement (Bassett Furniture Industries Inc)

Conditions to First Borrowing. The obligation of each Bank to make a Revolving Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 3.2 and each of the following additional conditionsconditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Avado Brands Inc), Credit Agreement (Avado Brands Inc)

Conditions to First Borrowing. The obligation of each Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 3.05 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Winston Hotels Inc)

Conditions to First Borrowing. The obligation of each Bank to make a any Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Day Credit Agreement (Liberty Corp)

Conditions to First Borrowing. The obligation of each the Bank to make a Loan or create a Banker's Acceptance on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and receipt by the following additional conditionsBank of the following:

Appears in 1 contract

Samples: Master Credit Agreement (Savannah Foods & Industries Inc)

Conditions to First Borrowing. The obligation of each Bank Lender to make a Loan on the occasion of the first Borrowing (or the obligation of the Issuing Bank to issue the first Letter of Credit) is subject to the satisfaction of the conditions set forth in Section 3.02 and receipt by the following additional conditionsAdministrative Agent of the following:

Appears in 1 contract

Samples: Credit Agreement (Avocent Corp)

Conditions to First Borrowing. The obligation of each the Bank to make a the initial Revolving Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 3.2 and receipt by the following additional conditionsBank of the following:

Appears in 1 contract

Samples: Credit Agreement (Avado Brands Inc)

Conditions to First Borrowing. The obligation of each Bank the Lender to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and receipt by the following additional conditionsLender of the following:

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Coast Airlines Holdings Inc)

Conditions to First Borrowing. The obligation of each the Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Atlantic American Corp)

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Conditions to First Borrowing. The obligation of each Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 3.03 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Meredith Corp)

Conditions to First Borrowing. The obligation of each Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 3.2 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Piccadilly Cafeterias Inc)

Conditions to First Borrowing. The obligation of each the Bank to make a the initial Revolving Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 3.2 and receipt by the following additional conditions:Bank of the following: 251094.7/ 383. 840 16

Appears in 1 contract

Samples: Credit Agreement (Apple South Inc)

Conditions to First Borrowing. The obligation obligations of each Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (La-Z-Boy Inc)

Conditions to First Borrowing. The obligation of each ----------------------------- Bank to make a Loan an Advance on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Scansource Inc)

Conditions to First Borrowing. The obligation of each Bank to make a Loan on the occasion of the first Borrowing is subject to the satisfaction of the conditions set forth in Section 3.02 and the following additional conditions:

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

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