Common use of Conditions to Initial Credit Extension Clause in Contracts

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 62 contracts

Samples: Credit Agreement (Hilton Worldwide Holdings Inc.), Credit Agreement (Alight, Inc. / Delaware), Credit Agreement (Gates Industrial Corp PLC)

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Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 16 contracts

Samples: Credit Agreement (Portillo's Inc.), Credit Agreement (Velocity Financial, Inc.), Credit Agreement (Velocity Financial, LLC)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction (or waiver) of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 13 contracts

Samples: Loans and Payments (Option Care Health, Inc.), First Lien Credit Agreement (Option Care Health, Inc.), Abl Credit Agreement (Option Care Health, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a honor any Request for Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 12 contracts

Samples: Credit Agreement (APi Group Corp), Credit Agreement (Element Solutions Inc), Credit Agreement (APi Group Corp)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Parent Borrower and the Administrative Agent:

Appears in 10 contracts

Samples: Credit Agreement (Change Healthcare Holdings, Inc.), Credit Agreement (Aptalis Holdings Inc.), Credit Agreement (Par Pharmacuetical, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction (or waiver) of the following conditions precedent, except as otherwise agreed between the Borrower Borrower, the Initial Lenders and the Administrative Agent:

Appears in 8 contracts

Samples: Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.), Credit Agreement (Avantor, Inc.)

Conditions to Initial Credit Extension. The obligation of each L/C Issuer and each Lender to make a its initial Credit Extension hereunder on the Closing Date is was subject to the satisfaction or waiver of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 6 contracts

Samples: Credit Agreement (Jazz Pharmaceuticals PLC), Credit Agreement (Jazz Pharmaceuticals PLC), Credit Agreement (Jazz Pharmaceuticals PLC)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction (or waiver in accordance with Section 10.01) of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 6 contracts

Samples: Credit Agreement (Playa Hotels & Resorts N.V.), Credit Agreement (Playa Hotels & Resorts N.V.), Credit Agreement (Playa Hotels & Resorts N.V.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:Agent or as provided in Schedule 6.12 (notwithstanding the provisions of Section 11.01):

Appears in 6 contracts

Samples: And Restatement Agreement, Credit Agreement (Sabre Corp), Credit Agreement (Sabre Corp)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction (or waiver) of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 5 contracts

Samples: Credit Agreement (Perimeter Solutions, SA), Credit Agreement (Signify Health, Inc.), Assignment and Assumption (Signify Health, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a its initial Credit Extension hereunder on the Closing Date is subject to satisfaction satisfaction, or waiver (in accordance with Section 10.01), of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 5 contracts

Samples: Term Loan Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Holdings Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make accept a Credit Extension Term Loan hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 4 contracts

Samples: Credit Agreement (iHeartMedia, Inc.), Credit Agreement, Credit Agreement (iHeartMedia, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Lead Borrower and the Administrative Agent:

Appears in 4 contracts

Samples: Credit Agreement (Bumble Inc.), Credit Agreement (CONDUENT Inc), Credit Agreement (Bumble Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction (or waiver) of the following conditions precedent, except as otherwise agreed between the Parent Borrower and the Administrative Agent:

Appears in 4 contracts

Samples: Credit Agreement (PF2 SpinCo, Inc.), Credit Agreement (PF2 SpinCo LLC), Credit Agreement (Change Healthcare Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction the satisfaction, or waiver in accordance with Section 10.05, of the following conditions precedent, except as otherwise agreed between precedent on or before the Borrower and the Administrative AgentClosing Date:

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Priority Technology Holdings, Inc.), Credit and Guaranty Agreement (Priority Technology Holdings, Inc.), Credit and Guaranty Agreement (Priority Technology Holdings, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a its initial Borrowing hereunder or cause the issuance of the initial Letter of Credit Extension hereunder on the Closing Date is subject to the satisfaction or waiver in writing of the following conditions precedentprecedent that Administrative Agent shall have received, except as otherwise agreed between on or before the Borrower and Closing Date, the Administrative Agentfollowing:

Appears in 4 contracts

Samples: Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Carlyle Secured Lending III), Revolving Credit Agreement (Franklin BSP Capital Corp)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction (or waiver by the Lead Arranger) of the following conditions precedent, except as otherwise agreed between the Lead Borrower and the Administrative Agent:

Appears in 3 contracts

Samples: Credit Agreement (Redwire Corp), Credit Agreement (Redwire Corp), Credit Agreement (Redwire Corp)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject solely to the satisfaction (or waiver in accordance with Section 10.01) of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agentconditions:

Appears in 3 contracts

Samples: Credit Agreement (Blucora, Inc.), Credit Agreement (Blucora, Inc.), Credit Agreement (Blucora, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Original Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 3 contracts

Samples: Credit Agreement (APX Group Holdings, Inc.), Credit Agreement (APX Group Holdings, Inc.), Credit Agreement (APX Group Holdings, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a its initial Credit Extension hereunder on the Closing Date is subject to satisfaction or waiver, in accordance with Section 10.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 3 contracts

Samples: Credit Agreement (Solo Brands, Inc.), Credit Agreement (Solo Brands, Inc.), Syndicated Facility Agreement (A.K.A. Brands Holding Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder under the Additional Facility Accession Agreement and the effectiveness of this Agreement on the Closing Date is are subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower Company and the Administrative Agent:

Appears in 2 contracts

Samples: Assignment and Assumption (Liberty Global PLC), Pledge Agreement (Liberty Global PLC)

Conditions to Initial Credit Extension. The obligation of each the Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative AgentLender:

Appears in 2 contracts

Samples: Credit Agreement (ESH Hospitality, Inc.), Credit Agreement (ESH Hospitality, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make extend a Borrowing hereunder on the Closing Date and of each Issuing Bank to issue Letters of Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Milan Laser Inc.), Credit and Guaranty Agreement (Milan Laser Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Parent Borrower and the Administrative Agent:Agent or except as provided in Schedule 6.13 (notwithstanding the provisions of Section 10.01):

Appears in 1 contract

Samples: Credit Agreement (WP Prism Inc.)

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Conditions to Initial Credit Extension. The obligation of each Lender to make a its initial Credit Extension hereunder on the Closing Date is subject to satisfaction (or due waiver in accordance with Section 10.01 hereof) of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Superpriority Credit Agreement (Casa Systems Inc)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Funding Date is subject to satisfaction (or waiver) of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (OTG EXP, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is was subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Intercreditor Agreement (LVB Acquisition, Inc.)

Conditions to Initial Credit Extension. The effectiveness of this Agreement and the obligation of each Lender to make a Credit Extension hereunder hereunder, in each case, on the Closing Date Date, is subject to satisfaction of the following conditions precedent, except as otherwise agreed between on or prior to the Borrower and the Administrative AgentClosing Date:

Appears in 1 contract

Samples: Credit Agreement (AFG Holdings, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative AgentArrangers:

Appears in 1 contract

Samples: Credit Agreement (Alltel Corp)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction or waiver of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (DJO Finance LLC)

Conditions to Initial Credit Extension. The obligation of each L/C Issuer and each Lender to make a its initial Credit Extension hereunder on xxxx the Closing Date is was subject to the satisfaction or waiver of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Jazz Pharmaceuticals PLC)

Conditions to Initial Credit Extension. The obligation of each L/C Issuer and each Lender to make a any Credit Extension hereunder on the Closing Date is subject to the satisfaction or waiver of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Albany Molecular Research Inc)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower Borrower, the Administrative Agent and the Administrative AgentLenders holding Commitments:

Appears in 1 contract

Samples: Loan Agreement (Travelport LTD)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Amendment and Restatement Effective Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Vivint Smart Home, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject solely to the satisfaction (or waiver by the Arrangers in accordance with Section 10.01) of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agentconditions:

Appears in 1 contract

Samples: Credit Agreement (WisdomTree Investments, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a its initial Credit Extension hereunder on hereunderon the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: First Lien Credit Agreement (GMS Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender Lenders to make a their initial Credit Extension Extensions hereunder on the Closing Date is subject to satisfaction of the following conditions precedentprecedent that Administrative Agent shall have received, except as otherwise agreed between on or before the Borrower and Closing Date, the Administrative Agentfollowing:

Appears in 1 contract

Samples: Revolving Credit Agreement (TPG Specialty Lending, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a its initial Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

Appears in 1 contract

Samples: First Lien Credit Agreement (GMS Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject solely to the satisfaction or waiver by the Lead Arranger of the following conditions precedent(in each case, except as otherwise agreed between subject to the Borrower and the Administrative Agent:Certain Funds Provisions):

Appears in 1 contract

Samples: Credit Agreement (Blucora, Inc.)

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