Common use of Confirmation of Conditions Clause in Contracts

Confirmation of Conditions. The making of its initial Loan by a Lender shall constitute a confirmation by such Lender to the Administrative Agent and the other Lenders that insofar as such Lender is concerned the Borrowers have satisfied the conditions precedent for initial Loans set forth in Sections 6.1. and 6.2.

Appears in 4 contracts

Samples: Credit Agreement (Park Hotels & Resorts Inc.), Credit Agreement (Park Hotels & Resorts Inc.), Credit Agreement (Park Hotels & Resorts Inc.)

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Confirmation of Conditions. The making of its initial Loan by a Lender shall constitute a confirmation by such Lender to the Administrative Agent and the other Lenders that insofar as such Lender is concerned the Borrowers have satisfied the conditions precedent for initial Loans set forth in Sections 6.1. and 6.2Section 6.1.II.

Appears in 2 contracts

Samples: Loan Agreement (Park Hotels & Resorts Inc.), Loan Agreement (Park Hotels & Resorts Inc.)

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Confirmation of Conditions. The making of its initial Loan by a Lender shall constitute a confirmation by such Lender to the Administrative Agent and the other Lenders that insofar as such Lender Xxxxxx is concerned the Borrowers have satisfied the conditions precedent for initial Loans set forth in Sections 6.1. and 6.2Section 6.1.II.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Park Hotels & Resorts Inc.)

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