Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans to or issue Letters of Credit for the account of any Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 7 contracts
Samples: Credit Agreement (American Standard Companies Inc), Year Credit Agreement (American Standard Companies Inc), Five Year Credit Agreement (American Standard Companies Inc)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans to or issue Letters a Loan on the occasion of Credit for the account of any first Borrowing by each Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 5 contracts
Samples: Credit Facility Agreement (Readers Digest Association Inc), Credit Agreement (Sunbeam Corp/Fl/), Credit and Competitive Advance Facility Agreement (Readers Digest Association Inc)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans to or issue Letters of Credit for the account of any Borrowing Subsidiary (other than the Borrowing Subsidiaries party hereto on the date hereof) is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 3 contracts
Samples: Day Credit Agreement (Kellogg Co), Day Credit Agreement (Conoco Inc /De), Kellogg Co
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans to or issue Letters of Credit for the account of any Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 3 contracts
Samples: Day Credit Agreement (American Standard Companies Inc), Day Credit Agreement (WABCO Holdings Inc.), Day Credit Agreement (American Standard Companies Inc)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans to or issue Letters of Credit for the account of any Borrowing Subsidiary (other than the Borrowing Subsidiaries party hereto on the date hereof) is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 2 contracts
Samples: Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Revolving Lender to make Revolving Loans to or issue Letters of Credit for the account of any Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 2 contracts
Samples: Credit Agreement (Sungard Data Systems Inc), Five Year Credit Agreement (Sungard Data Systems Inc)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Revolving Loans and of the Issuing Banks to or issue Letters of Credit for the account of to any Borrowing Subsidiary (other than the Borrowing Subsidiaries party hereto on the date hereof) is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 2 contracts
Samples: Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans or accept and purchase B/As and of the Issuing Banks to issue, amend, renew or extend any Letter of Credit to or issue Letters of Credit for the account of any Borrowing Subsidiary (other than the Borrowing Subsidiaries party hereto on the date hereof) is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 2 contracts
Samples: Credit Agreement (Kellogg Co), Credit Agreement (Kellogg Co)
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans and of the Issuing Banks to or issue Letters of Credit for the account of to any Borrowing Subsidiary (other than the Borrowing Subsidiaries party hereto on the Restatement Date) is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (Valspar Corp)
Initial Borrowing by Each Borrowing Subsidiary. The ----------------------------------------------- obligation of each Lender to make Loans the initial Loan to, and the obligation of any Issuing Bank to or issue Letters the initial Letter of Credit for the account of of, any Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 1 contract
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans the initial Loan to, and the obligation of any Issuing Bank to or issue Letters the initial Letter of Credit for the account of of, any Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 1 contract
Initial Borrowing by Each Borrowing Subsidiary. The obligation of each Lender to make Loans to or issue Letters of Credit for the account of any Borrowing Subsidiary is subject to the satisfaction (or waiver in accordance with Section 10.029.01) of the following conditions:
Appears in 1 contract
Initial Borrowing by Each Borrowing Subsidiary. The initial obligation of each Lender to make Loans and of the Issuing Bank to issue any Letter of Credit to or issue Letters of Credit for the account of any Borrowing Subsidiary (other than the Borrowing Subsidiaries party hereto on the date hereof) is subject to the satisfaction (or waiver in accordance with Section 10.02) of the following conditions:
Appears in 1 contract
