Common use of Conditions to Initial Extension of Credit Clause in Contracts

Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are subject to the following conditions precedent:

Appears in 9 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Veeco Instruments Inc)

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Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Loan hereunder, Loans and the obligation of the Issuing Lender to issue Letters of Credit hereunder, including the initial Letter of CreditLoans, are is subject to the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Conditions to Initial Extension of Credit. The obligation of each the Lender to make its initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are subject to the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (Aceto Corp), Credit Agreement (Aceto Corp), Pledge Agreement (1 800 Flowers Com Inc)

Conditions to Initial Extension of Credit. The obligation of each the Lender to make its the initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are hereunder is subject to the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Global Payment Technologies Inc), Credit Agreement (Global Payment Technologies Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender to make its the initial Loan hereunder, Loans hereunder and the obligation of the Issuing Lender to issue the initial Letter of Credit, are subject to the following conditions precedent:

Appears in 2 contracts

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

Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are hereunder is subject to the satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Novellus Systems Inc), Credit Agreement (Novellus Systems Inc)

Conditions to Initial Extension of Credit. The obligation of each the Lender to make its initial Revolving Credit Loan hereunder, and the obligation of the Issuing Lender to issue the initial Standby Letter of Credit, are subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender to make its the initial Loan hereunder, Loans hereunder and the obligation of the Issuing Lender to issue the initial Letter of CreditCredit (including the acceptance of the Existing Letters of Credit as Letters of Credit hereunder), are is subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Aceto Corp)

Conditions to Initial Extension of Credit. The obligation of each Lender the Bank to make its initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are Revolving Credit Loan is subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Emerging Vision Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Revolving Credit Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Symbol Technologies Inc)

Conditions to Initial Extension of Credit. The obligation of each the Lender under the Credit Agreement to make its the initial Revolving Credit Loan and, the initial portion of the Term Loan hereunder, and the obligation of the Issuing Lender to issue the initial "Initial Letter of Credit" (as such term was defined under the Credit Agreement), are was subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

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Conditions to Initial Extension of Credit. The obligation of each the Lender to make its the initial Revolving Credit Loan and the Term Loan hereunder, and the obligation of the Issuing Lender to issue the initial Initial Letter of Credit, are is subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender the Bank to make its initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are hereunder is subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Vasomedical Inc)

Conditions to Initial Extension of Credit. The obligation of each the Lender to make its the initial Revolving Credit Loan and the Term Loan hereunder, and the obligation of the Issuing Lender to issue the initial Initial Letter of Credit, are was subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Coactive Marketing Group Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Loan hereunder, hereunder and the obligation of the Issuing Lender to issue the initial Letter of CreditCredit hereunder, are subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Sbarro Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Loan hereunder, and the obligation of the Issuing Lender to issue the initial Letter of Credit, are Loans hereunder is subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Medical Action Industries Inc)

Conditions to Initial Extension of Credit. The obligation of each Lender to make its initial Loan hereunder, and the obligation of the Issuing Lender Agent to issue the initial Letter of Credit, are subject to the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Family Golf Centers Inc)

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