Common use of Conditions to Initial Loans and Letters of Credit Clause in Contracts

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, and the obligation of the Issuing Lender to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:

Appears in 8 contracts

Samples: Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.), Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.), Credit Agreement (Jostens Inc)

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Conditions to Initial Loans and Letters of Credit. The obligation agreement of each Lender to make its Loansthe initial Loan requested to be made by it, and the obligation of the Issuing Lender or to issue any Letter of Credit, is subject to the satisfaction on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditionsconditions precedent:

Appears in 5 contracts

Samples: Credit Agreement (Boston Scientific Corp), Credit Agreement (Bei Medical Systems Co Inc /De/), Credit Agreement (Boston Scientific Corp)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, and the obligation of the Issuing Lender to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of each of the conditions in Subsection 6.2 and the following conditions:

Appears in 3 contracts

Samples: Credit Agreement (Language Line Costa Rica, LLC), Credit Agreement (Atlantic Broadband Management, LLC), Credit Agreement (Language Line Holdings, Inc.)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, and the obligation of the Issuing Is- suing Lender to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently con- currently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:: (

Appears in 2 contracts

Samples: Credit Agreement (Hollywood Entertainment Corp), Credit Agreement (Hollywood Entertainment Corp)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, and the obligation of the Issuing Lender to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lenderthe Required Lenders, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (Werner Holding Co Inc /Pa/), Credit Agreement (Werner Holding Co Inc /Pa/)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans on the Closing Date and the obligation of the Issuing Lender Lenders to issue any Letter of Credit, Credit on the Closing Date are subject to the satisfaction, satisfaction or waiver by such Lenderwaiver, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditionsconditions precedent:

Appears in 2 contracts

Samples: First Lien Credit Agreement (Cumulus Media Inc), Credit Agreement (Citadel Broadcasting Corp)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, and the obligation of the Issuing Lender to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of each of the conditions in subsection 6.2 and the following conditions:

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Language Line Services Holdings, Inc.), Senior Secured Credit Agreement (LL Services Inc.)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans and the obligation of the Issuing Lender to issue any Letter of Credit, Credit on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:

Appears in 2 contracts

Samples: Credit Agreement (CSK Auto Corp), Credit Agreement (Kragen Auto Supply Co)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans hereunder and the obligation of the Issuing Lender to issue any Letter Letters of Credit, in each case on the Closing Date are Initial Borrowing Date, is subject to the satisfactionsatisfaction of, or waiver by such Lenderof, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of CreditCredit on the Initial Borrowing Date, as the case may be, of the following conditionsconditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Williams Scotsman International Inc), Credit Agreement (Williams Scotsman Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender Bank to make its Loans, initial Loans and the obligation of the each Issuing Lender Bank to issue any its initial Letter of Credit, on the Closing Date Credit are subject to the satisfaction, or waiver by such Lendereach Bank, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent on or prior to November 30, 1997 (the date of the initial Extensions of Credit, the "Closing Date"):

Appears in 2 contracts

Samples: Credit Agreement (Commscope Inc), Credit Agreement (Nextlevel Systems Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make have made its Loans, Loans on the Restatement Effective Date and the obligation of the Issuing Lender Lenders to issue have issued any Letter of Credit, Credit on the Closing Restatement Effective Date are is subject to the satisfaction, satisfaction or waiver by such Lenderwaiver, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditionsconditions precedent:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Cumulus Media Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans on the Closing Date and the obligation of the Issuing Lender Lenders to issue any Letter of Credit, Credit on the Closing Date are subject to the satisfaction, or waiver by such Lender, the Lenders immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent (which must be satisfied or waived on or prior to August 31, 2006):

Appears in 1 contract

Samples: Credit Agreement (Be Aerospace Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans and the obligation of the Issuing Lender to issue any Letter of Credit, Credit on the Closing Effective Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:conditions on or prior to November 29, 1996 (the date on which such conditions are so satisfied or waived, the "Effective Date"):

Appears in 1 contract

Samples: Credit Agreement (Primeco Inc)

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Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Revolving Loans hereunder and the obligation of the any Issuing Lender Bank to issue any Letter Letters of Credit, on in each case constituting the Closing Date are Initial Credit Event, is subject to the satisfactionsatisfaction of, or waiver by such Lenderof, immediately prior to or concurrently with the making of such Revolving Loans or the issuance of such Letters of CreditCredit on the Closing Date, as the case may be, of the following conditionsconditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Consumers Us Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, and the obligation of the Issuing Lender Lenders to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:

Appears in 1 contract

Samples: Loan and Security Agreement (Texas Market Tire, Inc.)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, initial Loans and the obligation of the each Issuing Lender to issue any its initial Letter of Credit, on the Closing Date Credit are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent (the date of the initial extensions of credit, the "Closing Date"):

Appears in 1 contract

Samples: Credit Agreement (Gentek Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans on the Closing Date and the obligation of the Issuing Lender Lenders to issue any Letter of Credit, Credit on the Closing Date are subject to the satisfaction, satisfaction or waiver by such Lenderwaiver, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent (which must be satisfied or waived on or prior to August 6, 2007):

Appears in 1 contract

Samples: Credit Agreement (Citadel Broadcasting Corp)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans on the Closing Date and the obligation of the Issuing Lender Lenders to issue any Letter of Credit, Credit on the Closing Date are subject to the satisfaction, or waiver by such Lender, the Lenders immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent (which must be satisfied or waived on or prior to October 31, 2008):

Appears in 1 contract

Samples: Credit Agreement (Be Aerospace Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, initial Loans and the obligation of the each Issuing Lender to issue any its initial Letter of Credit, on the Closing Date Credit are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent (the date of the initial Extensions of Credit, the "Closing Date"):

Appears in 1 contract

Samples: Credit Agreement (General Chemical Group Inc)

Conditions to Initial Loans and Letters of Credit. The ------------------------------------------------- obligation of each Lender to make its Loans, and the obligation of the Issuing Lender to issue any Letter of Credit, on the Closing Date are subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loans or the issuance of such Letters of Credit, as the case may be, of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Jostens Inc)

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to make its Loans, Loans on the Closing Date and the obligation of the Issuing Lender Lenders to issue any Letter of Credit, Credit on the Closing Date are subject to the satisfaction, or waiver by such Lenderthe Lenders (or, in the case of the conditions specified in subsection 11.1(c), (i) and (m) or any other conditions that may be waived by the Required Lenders as set forth below, waiver by the Required Lenders), immediately prior to or concurrently with the making of such Loans or the issuance of such Letters Letter of Credit, as the case may be, of the following conditions:conditions precedent (which must be satisfied or waived on or prior to September 30, 2004):

Appears in 1 contract

Samples: Credit Agreement (Citadel Broadcasting Corp)

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