Common use of Conditions to Initial Credit Extension Clause in Contracts

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 46 contracts

Samples: Credit Agreement (Internap Corp), Credit Agreement (Internap Corp), Credit Agreement (CPI International Holding Corp.)

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Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 17 contracts

Samples: Second Lien Credit Agreement (CPI International Holding Corp.), Credit Agreement (Stockbridge/Sbe Investment Company, LLC), Credit Agreement (HC2 Holdings, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension on the Closing Date requested to be made by it the Borrower shall be subject to the prior or concurrent satisfaction or waiver of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 11 contracts

Samples: Credit Agreement (Blend Labs, Inc.), Credit Agreement (iCIMS Holding LLC), Assumption Agreement and Amendment No. 2 (iCIMS Holding LLC)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Lender to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.015.1.

Appears in 7 contracts

Samples: Credit Agreement, Credit Agreement (Davita Healthcare Partners Inc.), Credit Agreement (Davita Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be was subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 7 contracts

Samples: Second Amendment and Restatement Agreement (Jacobs Entertainment Inc), Amendment and Restatement Agreement (Jacobs Entertainment Inc), Credit Agreement (Ply Gem Holdings Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section 4.01.

Appears in 5 contracts

Samples: Credit Agreement (Layne Christensen Co), Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund make the initial Credit Extension requested to be made by it shall be hereunder is subject to the satisfaction (or waiver), prior to or concurrent satisfaction concurrently with the making of such Credit Extension on the Closing Date, of each of the following conditions precedent set forth in this Section 4.01.precedent:

Appears in 4 contracts

Samples: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it the Borrower shall be subject to the prior or concurrent satisfaction or waiver (by the Lead Arrangers) of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extensions by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 3 contracts

Samples: Credit Agreement (Cvent Holding Corp.), Credit Agreement (Ping Identity Holding Corp.), Credit Agreement (Roaring Fork Holding, Inc.)

Conditions to Initial Credit Extension. The effectiveness of this Agreement and the obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it pursuant to this Agreement shall be subject to the prior or concurrent satisfaction on the Closing Date of each of the conditions precedent set forth in this Section 4.01.

Appears in 3 contracts

Samples: Credit Agreement (Harry & David Holdings, Inc.), Credit Agreement (Harry & David Holdings, Inc.), Credit Agreement (Harry & David Holdings, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Lender to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.015.1 unless otherwise waived.

Appears in 2 contracts

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

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank to fund the any initial Credit Extension on the Closing Date requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section 4.01.

Appears in 2 contracts

Samples: Abl Credit Agreement (Overseas Shipholding Group Inc), Credit Agreement (Overseas Shipholding Group Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction (or waiver) of each of the conditions precedent set forth in this Section 4.01.

Appears in 2 contracts

Samples: Credit Agreement (Broder Bros., Co.), Credit Agreement (Broder Bros Co)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.014.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

Appears in 2 contracts

Samples: Credit Agreement (Merge Healthcare Inc), Credit Agreement (Merge Healthcare Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it on the Closing Date shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 2 contracts

Samples: Credit Agreement (Mattress Firm Holding Corp.), Credit Agreement (Mattress Firm Holding Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction or deemed satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 2 contracts

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

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the any initial Credit Extension on the Closing Date requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section 4.01.

Appears in 2 contracts

Samples: Credit Agreement (International Seaways, Inc.), Credit Agreement (International Seaways, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section 4.01.

Appears in 2 contracts

Samples: Credit Agreement (Nabors Industries LTD), Credit Agreement (Nabors Industries LTD)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall shall, except as expressly provided in Section 5.14, be subject to the prior or concurrent satisfaction or waiver by the Administrative Agent of each of the conditions precedent set forth in this Section 4.01below.

Appears in 2 contracts

Samples: Credit Agreement (Norcraft Companies, Inc.), Credit Agreement (Norcraft Companies Lp)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension on the Closing Date requested to be made by it the Borrower shall be subject to the prior or concurrent satisfaction or waiver of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 2 contracts

Samples: Credit Agreement (Par Technology Corp), Credit Agreement (2U, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it the Borrowers shall be subject to the prior or concurrent satisfaction of or waiver (by each of the Lenders on the Closing Date) of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extensions by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 2 contracts

Samples: Credit Agreement (Solera Corp.), Second Lien Credit Agreement (Solera Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank Bank, to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it the Borrower shall be subject to the prior or concurrent satisfaction or waiver (by the Lead Arrangers) of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extensions by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 2 contracts

Samples: First Lien Credit Agreement (Allvue Systems Holdings, Inc.), Credit Agreement (Datto Holding Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction (except to the extent that such conditions are permitted to be satisfied on a post-closing basis pursuant to Section 5.14 hereof) of each of the conditions precedent set forth in this Section 4.014.01 (or the waiver thereof).

Appears in 1 contract

Samples: Credit Agreement (Southern Graphic Systems, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.014.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

Appears in 1 contract

Samples: Credit Agreement (Merge Healthcare Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank and the LC Facility Issuing Bank, as the case may be, to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Conditions to Initial Credit Extension. The obligation of each Original Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Basic Energy Services Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it on the Closing Date shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (AP Gaming Holdco, Inc.)

Conditions to Initial Credit Extension. The obligation of each the Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Dakota Plains Holdings, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank L/C Issuer to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Adesa Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each and the Issuing Bank to fund make the initial Credit Extension requested to be made by it shall be subject to, and to the prior or concurrent satisfaction of of, each of the conditions precedent set forth in this Section 4.01below.

Appears in 1 contract

Samples: Credit Agreement (Basic Energy Services Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall shall, except as expressly provided in Section 5.15, be subject to the prior or concurrent (except as expressly provided in this Section 4.01) satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Norcraft Holdings, L.P.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it shall be Borrower were subject to the prior or concurrent satisfaction or waiver of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: First Lien Credit Agreement (SolarWinds Corp)

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Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it it, and the obligations of the Funded LC Lenders to fund their Credit-Linked Deposits, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Builders FirstSource, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section SECTION 4.01.

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Industries Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it Borrower shall be subject to the prior or concurrent satisfaction or waiver of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: First Lien Credit Agreement (SolarWinds Corp)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank Bank, to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it the Borrower shall be subject to the prior or concurrent satisfaction or waiver (by the Lead Arrangers) of each of only the conditions precedent set forth in this Section 4.01.‎Section 4.01 (the making of such initial Credit Extensions by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: Credit Agreement (Ping Identity Holding Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the any initial Credit Extension on the Initial Borrowing Date requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (International Seaways, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension on the Closing Date requested to be made by it the Borrower Agent shall be subject to the prior or concurrent satisfaction or waiver of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: First Lien Credit Agreement (Transfirst Holdings Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be was subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section SECTION 4.01.

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Industries Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension on the Closing Date requested to be made by it Borrower shall be subject to the prior or concurrent satisfaction of each or waiver of the conditions precedent set forth in this Section 4.01.‎Section 4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: Credit Agreement (Inotiv, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension (including, without limitation, issuance of any applicable Letters of Credit) requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Massey Energy Co)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank to fund the initial Credit Extension Extensions requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (International Coal Group, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section SECTION 4.01.

Appears in 1 contract

Samples: Credit Agreement (GSE Lining Technology, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it Borrower shall be subject to the prior or concurrent satisfaction or waiver of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extension by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: Second Lien Credit Agreement (SolarWinds Corp)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each any Issuing Bank Lender to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.015.1 unless otherwise waived.

Appears in 1 contract

Samples: Credit Agreement (Tivity Health, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund make the initial Credit Extension requested to be made by it shall be hereunder is subject to the satisfaction (or waiver in accordance with Section 9.01), prior to or concurrent satisfaction concurrently with the making of such Credit Extension on the Closing Date, of each of the following conditions precedent set forth in this Section 4.01.precedent:

Appears in 1 contract

Samples: Credit Agreement (Compass Minerals International Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.014.01 (except as provided in Section 5.14).

Appears in 1 contract

Samples: Credit Agreement (AGY Holding Corp.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction (except to the extent that such conditions are permitted to be satisfied on a post-closing basis pursuant to Section 5.15 herein) of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (Sciele Pharma, Inc.)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the any initial Credit Extension on the Closing Date requested to be made by it shall be subject to the prior or concurrent satisfaction or waiver of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Overseas Shipholding Group Inc)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each the Issuing Bank Bank, to fund the initial Credit Extension Extensions on the Closing Date requested to be made by it the Borrowers shall be subject to the prior or concurrent satisfaction or waiver (by the Lead Arranger) of each of only the conditions precedent set forth in this Section 4.01.4.01 (the making of such initial Credit Extensions by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent):

Appears in 1 contract

Samples: Credit Agreement (Nutrition Topco, LLC)

Conditions to Initial Credit Extension. The obligation of each Lender and, if applicable, each Issuing Bank to fund the initial Credit Extension requested to be made by it shall be subject to the prior or concurrent satisfaction (except to the extent that such conditions are permitted to be satisfied on a post-closing basis pursuant to Section 5.14 herein) of each of the conditions precedent set forth in this Section 4.01.

Appears in 1 contract

Samples: Credit Agreement (LNT Leasing II, LLC)

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