Common use of Determinations of Initial Borrowing Conditions Clause in Contracts

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 10 contracts

Samples: Revolving Credit Agreement (Boardwalk Pipeline Partners, LP), Revolving Credit Agreement (Boardwalk Pipeline Partners, LP), Revolving Credit Agreement

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Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.1 (Conditions Precedent to Effectivenessthe Effectiveness of this Agreement), each Lender shall be deemed to have consented to, approved, approved or accepted or be satisfied with, with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s 's Ratable Portion of such Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (National Steel Corp), Credit Agreement (National Steel Corp)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.2 (Conditions Precedent to EffectivenessInitial Loans), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (GLG Partners, Inc.)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness)3.1, each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received written notice from such Lender prior to the initial Borrowing or Issuance hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such LenderXxxxxx’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Agilon Health, Inc.)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness)3.1, each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received written notice from such Lender prior to the initial Borrowing or Issuance hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Agilon Health, Inc.)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness)3.1, each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing or Issuance hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.1 (Conditions Precedent to EffectivenessEffectiveness of this Agreement), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (FMC Corp)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.1 (Conditions Precedent to EffectivenessInitial Loans), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Knology Inc)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness)3.1, each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing Borrowing, specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Prologis)

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Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness)4.1, each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Term Loan Agreement (Boardwalk Pipeline Partners, LP)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.1 (Conditions Precedent to EffectivenessLoans), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s 's Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.1 (Conditions Precedent to EffectivenessLoans), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Amc Entertainment Holdings, Inc.)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 (Conditions to Effectiveness)3.1, each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowingthereto.

Appears in 1 contract

Samples: Term Loan Agreement (Warnaco Group Inc /De/)

Determinations of Initial Borrowing Conditions. For purposes of determining compliance with the conditions specified in Section 4.1 3.1 (Conditions Precedent to EffectivenessInitial Loans), each Lender shall be deemed to have consented to, approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the initial Borrowing hereunder specifying its objection thereto and such Lender shall not have made available to the Administrative Agent such Lender’s Ratable Portion of such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (FMC Corp)

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