Common use of Conditions to the Funding Date Clause in Contracts

Conditions to the Funding Date. The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective unless, on or prior to the date of the Funding Date, each of the following conditions is satisfied (or waived in accordance with the terms of this Agreement) which conditions shall be deemed to have been unconditionally satisfied or waived on the first funding of a Loan hereunder:

Appears in 2 contracts

Samples: Senior Credit Agreement (Websense Inc), Senior Credit Agreement (Websense Inc)

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Conditions to the Funding Date. The obligations of the Lenders to make Term Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective unless, on or prior to the date of the Funding Date, each of the following conditions is satisfied (or waived in accordance with the terms of this Agreement) which conditions shall be deemed to have been unconditionally satisfied or waived on the first funding of a Term Loan hereunder:

Appears in 1 contract

Samples: Interim Credit and Guarantee Agreement (Websense Inc)

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Conditions to the Funding Date. The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective unless, on or prior to the date of the Funding Date, each of the following conditions is satisfied (or waived in accordance with the terms of this Agreement) which conditions shall be deemed to have been unconditionally satisfied or waived on the first funding of a Loan hereunder:Section 9.02):

Appears in 1 contract

Samples: Credit Agreement (Nasdaq Stock Market Inc)

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