Common use of Initial Availability Clause in Contracts

Initial Availability. Lenders will not be obligated to make any Loan hereunder unless, on or before the date of such Loan, Administrative Agent has received, in addition to this Agreement, executed by EDS, all of the items described below in form and substance reasonably satisfactory to Administrative Agent: (a) Note(s). The applicable Note(s) executed by EDS.

Appears in 2 contracts

Samples: Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/), Revolving Credit and Term Loan Agreement (Electronic Data Systems Corp /De/)

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Initial Availability. Lenders will not be obligated to make any Loan hereunder unless, on or before the date of such Loan, the Administrative Agent has received, in addition to this Agreement, executed by EDSEDS as of the Availability Date, all of the items described below in form and substance reasonably satisfactory to the Administrative Agent: (a) Note(s). The applicable Note(s) executed by EDS.

Appears in 2 contracts

Samples: Three Year Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/), Amendment and Restatement Agreement (Electronic Data Systems Corp /De/)

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Initial Availability. The Lenders will not be obligated to make any Loan hereunder unless, on or before the date of such Loan, the Administrative Agent has received, in addition to this Agreement, executed by EDSEDS as of the Availability Date, all of the items described below in form and substance reasonably satisfactory to the Administrative Agent: (a) Note(s). The applicable Note(s) executed by EDS.

Appears in 1 contract

Samples: Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/)

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