Conditions to Making Initial Loans and Issuance of Initial Letter of Credit. The obligation of each Lender to make Loans and the obligation of the Issuing Banks to issue Letters of Credit on the Closing Date are subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or the issuance of such Letters of Credit, of the following conditions precedent, in addition to the conditions precedent set forth in Section 5.02 hereof:
Appears in 2 contracts
Samples: Credit Agreement (Black Box Corp), Credit Agreement (Black Box Corp)
Conditions to Making Initial Loans and Issuance of Initial Letter of Credit. The obligation of each Lender to make the initial Loans on the Closing Date and the obligation of the Issuing Banks to issue Letters of Credit on the Closing Date are subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or the issuance of such Letters of Credit, of the following conditions precedent, in addition to the conditions precedent set forth in Section 5.02 hereof:.
Appears in 1 contract
Samples: Credit Agreement (Black Box Corp)
Conditions to Making Initial Loans and Issuance of Initial Letter of Credit. The obligation of each Lender to make Loans and the obligation of the Issuing Banks to issue Letters of Credit on the Closing Date are subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or the issuance of such Letters of Credit, of the following conditions precedent, in addition to the conditions precedent set forth in Section 5.02 hereof:.
Appears in 1 contract
Samples: Credit Agreement (Black Box Corp)
