Common use of Each Credit Extension Clause in Contracts

Each Credit Extension. The obligation of each Lender to make any Credit Extension is subject to the satisfaction of the following conditions; provided that the following conditions shall not apply to (i) Credit Extensions on the Closing Date, (ii) any Borrowings under any Incremental Facility, the conditions of which are set forth in Section 2.20 and (iii) any Credit Extension or other extension of credit pursuant to any Refinancing Amendment or Permitted Amendment:

Appears in 5 contracts

Samples: First Lien Credit Agreement (Clarios International Inc.), First Lien Credit Agreement (Clarios International Inc.), Abl Credit Agreement (Clarios International Inc.)

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Each Credit Extension. The obligation of each Lender to make a Credit Extension (which, for the avoidance of doubt (including for purposes of the last paragraph of this Section 4.02 but not clause (a) of this Section 4.02), shall not include (A) any Incremental Loans advanced in connection with any acquisition, other Investment or irrevocable repayment or redemption of Indebtedness and/or (B) any Credit Extension under any Incremental Facility Amendment, Refinancing Amendment and/or Extension Amendment, in each case to the extent not otherwise required by the lenders in respect of thereof) is subject solely to the satisfaction of the following conditions; provided that the following conditions shall not apply to (i) Credit Extensions on the Closing Date, (ii) any Borrowings under any Incremental Facility, the conditions of which are set forth in Section 2.20 and (iii) any Credit Extension or other extension of credit pursuant to any Refinancing Amendment or Permitted Amendment:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Bausch Health Companies Inc.), Restatement Agreement (Valeant Pharmaceuticals International, Inc.)

Each Credit Extension. The obligation of each Lender to make any Credit Extension (other than any Letter of Credit Reimbursement Loan) is subject to the satisfaction of the following conditions; provided that the following conditions shall not apply to (i) Credit Extensions on the Closing Date, (ii) any Borrowings under any Incremental Facility, the conditions of which are set forth in Section 2.20 and (iii) any Credit Extension or other extension of credit pursuant to any Refinancing Amendment or Permitted Amendment:

Appears in 1 contract

Samples: Credit Agreement (Cowen Inc.)

Each Credit Extension. The obligation of each Revolving Lender or Issuing Bank to make any Credit Extension is subject to the satisfaction of the following conditions; provided that the following conditions shall not apply to (i) Credit Extensions on the Closing Date, (ii) any Borrowings under any Incremental Facility, the conditions of which are set forth in Section 2.20 and (iii) any Credit Extension or other extension of credit pursuant to any Refinancing Amendment or Permitted Amendment:

Appears in 1 contract

Samples: First Lien Credit Agreement (Waystar Holding Corp.)

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Each Credit Extension. The obligation of each Lender to make any Credit Extension is subject to the satisfaction of the following conditions; provided that the following conditions shall not apply to (i) Credit Extensions on the Closing Date, (ii) any Borrowings under any Incremental Facility, the conditions of which are set forth in Section 2.20 and (iii) any Credit Extension or other extension of credit pursuant to any Refinancing Amendment or Permitted Amendment:

Appears in 1 contract

Samples: Abl Credit Agreement (Clarios International Inc.)

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