Common use of Conditions to Initial Borrowing Clause in Contracts

Conditions to Initial Borrowing. The obligation of each Lender and the Letter of Credit Issuer to advance the initial Borrowing or L/C Credit Extension hereunder is subject to the conditions precedent that the Administrative Agent shall have received, on or before the Closing Date, the following:

Appears in 3 contracts

Samples: Revolving Credit Agreement (Lafayette Square USA, Inc.), Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.), Revolving Credit Agreement (Lafayette Square Empire BDC, Inc.)

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Conditions to Initial Borrowing. The obligation of each Lender and the Letter of Credit Issuer to advance the make its initial Borrowing or L/C Credit Extension hereunder is subject to the conditions precedent that the Administrative Agent shall have received, on or before the Closing Date, the following:

Appears in 1 contract

Samples: Escrow Agreement (SLR Hc BDC LLC)

Conditions to Initial Borrowing. The obligation of each Lender and the Letter of Credit Issuer to advance the make its initial Borrowing or L/C Credit Extension hereunder is subject to the conditions precedent that the Administrative Agent shall have received, on or before the Closing Date, the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (SLR Private Credit BDC II LLC)

Conditions to Initial Borrowing. The obligation obligations of each Lender and the Letter of Credit Issuer Lenders to advance fund the initial Borrowing or L/C Credit Extension hereunder is are subject to the conditions precedent that the Administrative Agent shall have received, on or before the Closing Date, the following:

Appears in 1 contract

Samples: Term Loan Agreement (WhiteHorse Finance, LLC)

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Conditions to Initial Borrowing. The obligation of each Lender and the Letter of Credit Issuer to advance the initial Borrowing or L/C Credit Extension hereunder is subject to the conditions precedent that the Administrative Agent shall have received, on or before the Closing Date, the following:

Appears in 1 contract

Samples: Revolving Credit Agreement (Overland Advantage)

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