Conditions to Qualified Borrower Loans and Letters of Credit. The obligations of the Lenders to advance the initial Borrowing or to cause the issuance of the initial Letter of Credit for the account of a Qualified Borrower (whichever is the initial advance under this Credit Agreement to or for the account of such Qualified Borrower) are subject to the following additional conditions precedent:
Appears in 4 contracts
Samples: Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC), Revolving Credit Agreement (T Series Middle Market Loan Fund LLC)
Conditions to Qualified Borrower Loans and Letters of Credit. The obligations obligation of the Lenders to advance the initial a Borrowing to a Qualified Borrower, or to cause the issuance of the initial Letter of Credit Issuer to issue a Letter of Credit for the account of a Qualified Borrower (whichever Borrower, is the initial advance under this Credit Agreement to or for the account of such Qualified Borrower) are subject to the following additional conditions precedentthat, on or prior to the first such credit extension:
Appears in 2 contracts
Samples: Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund), Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund)
Conditions to Qualified Borrower Loans and Letters of Credit. The obligations obligation of the Lenders to advance the initial a Borrowing to a Qualified Borrower or to cause the issuance of the initial a Letter of Credit for the account of a Qualified Borrower (whichever is subject to the initial advance under this Credit Agreement conditions that, on or prior to or for the account of first such credit extension to such Qualified Borrower) are subject to the following additional conditions precedent:
Appears in 1 contract
Samples: Revolving Credit Agreement (Brightwood Capital Corp I)
