Common use of Documentary Conditions Precedent Clause in Contracts

Documentary Conditions Precedent. The obligations of each Finance Party to the Borrower under this Agreement are subject to the condition precedent that the Agent has notified the Borrower and the Banks that it has received all of the documents set out in Schedule 2 in form and substance satisfactory to the Agent.

Appears in 2 contracts

Samples: Credit Facility Agreement (Lg Electronics Inc), Credit Facility Agreement (Lg Electronics Inc)

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Documentary Conditions Precedent. The obligations of each Finance Party to the a Borrower under this Agreement are subject to the condition precedent that the Agent has notified the Borrower Company and the Banks that it has received all of the documents set out in Part I of Schedule 2 relevant to that Borrower and the Company in form and substance satisfactory to the Agent. The Agent shall use all reasonable endeavours to give that notification promptly after receiving all of those documents.

Appears in 2 contracts

Samples: Revolving Credit Facility (S Acquisition Corp), Revolving Credit Facility (WDR Acquisition Corp)

Documentary Conditions Precedent. The obligations of each Finance Party to the Borrower any Obligor under this Agreement are subject to the condition precedent that the Agent has notified the Borrower Borrowers and the Banks that it has received all of the documents documents, or is satisfied as to the matters, set out in Part I of Schedule 2 2, in form and substance satisfactory to the Agent.

Appears in 1 contract

Samples: Supplemental Agreement (Txu Europe LTD)

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Documentary Conditions Precedent. The obligations of each Finance Party to the any Borrower under this Agreement are subject to the condition precedent that the Agent has notified the Borrower Parent and the Banks that it has received all of the documents set out in Part I of Schedule 2 in form and substance satisfactory to the Agent. The Agent will promptly notify the Parent upon such receipt.

Appears in 1 contract

Samples: Syndicated Credit Facility Agreement (Reuters Group PLC)

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