Common use of Conditions to Initial Borrowings Clause in Contracts

Conditions to Initial Borrowings. The obligation of each Lender to make any Borrowings hereunder on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent, in each case on or prior to the Closing Date:

Conditions to Initial Borrowings. The obligation of each Lender Lenders to make any the initial Borrowings hereunder on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent, in each case precedent on or prior to before the Closing Date: