Common use of Conditions to the Initial Advances Clause in Contracts

Conditions to the Initial Advances. No Lender shall be obligated to make any Advance or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent, or waived in writing by Agent:

Appears in 2 contracts

Samples: Credit Agreement (Greenbacker Renewable Energy Co LLC), Credit Agreement (Dixie Group Inc)

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Conditions to the Initial Advances. No Lender shall be obligated to make any Advance or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other 53/Mammoth – Credit Agreement action hereunder, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent, or waived in writing by AgentAgent and each Lender:

Appears in 1 contract

Samples: Revolving Credit Agreement (Mammoth Energy Services, Inc.)

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Conditions to the Initial Advances. No Lender shall be obligated to make any Advance or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent, or waived in writing by AgentAgent and Lenders:

Appears in 1 contract

Samples: Credit Agreement (Carlisle Holdings LTD)

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