Common use of Conditions to the First Credit Event Clause in Contracts

Conditions to the First Credit Event. The obligation of the Lenders to participate in the first Credit Event is subject to Borrower satisfying each of the following conditions prior to or concurrently with such Credit Event:

Appears in 2 contracts

Samples: Assignment and Acceptance Agreement (Bea Systems Inc), Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)

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Conditions to the First Credit Event. The obligation of the Lenders Banks to participate in the first Credit Event is subject to Borrower Borrowers satisfying each of the following conditions prior to or concurrently with such Credit Event:

Appears in 2 contracts

Samples: Credit and Security Agreement (MTC Technologies Inc), Credit and Security Agreement (MTC Technologies Inc)

Conditions to the First Credit Event. The obligation of the Lenders to participate in the first Credit Event is subject to Borrower Borrowers satisfying each of the following conditions prior to or concurrently with such Credit Event:

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

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Conditions to the First Credit Event. The obligation of the Lenders Lenders, the Fronting Lender to participate in the first Credit Event is subject to Borrower satisfying each of the following conditions prior to or concurrently with such Credit Event:

Appears in 1 contract

Samples: Credit Agreement (Schulman a Inc)

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