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 fund its Proportionate Share of the initial Loan and the obligation of the Issuing Bank to issue the initial Letter of Credit is subject to the satisfaction of the following conditions precedent:

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to fund its Proportionate Share of the initial Loan and the obligation of the Issuing Bank Agent to issue cause to be issued the initial Letter of Credit is subject to the satisfaction of the following conditions precedent:

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to fund (or convert) its Proportionate Share of the Term Loans and the initial Loan Revolving Loans, and the obligation of the Agent to cause the Issuing Bank to issue the initial Letter Letters of Credit Credit, is subject to the satisfaction or waiver of the following conditions precedent:

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to fund its Term Loan and its Proportionate Share of the initial Loan Revolving Loan, and the obligation of the Agent to cause the Issuing Bank to issue the initial Letter of Credit Credit, is subject to the satisfaction or waiver of the following conditions precedent: