Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.
Appears in 8 contracts
Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.
Appears in 6 contracts
Samples: Credit Agreement (National Energy Group Inc), Credit Agreement (Northern Border Partners Lp), Credit Agreement (Calpine Corp)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and to issue the initial Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.
Appears in 2 contracts
Samples: Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and or the L/C Issuer to issue the initial Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.
Appears in 2 contracts
Samples: Credit Facility Agreement (Horseshoe Gaming LLC), Credit Agreement (Microsemi Corp)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and of the Issuing Bank to issue any Letter of Credit Issuer to issue, and after the Lenders to participate in, any letter of Credit, date hereof shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.
Appears in 2 contracts
Samples: Credit Agreement (Pogo Producing Co), Credit Agreement (Pogo Producing Co)
Initial Borrowing. The obligations of the Lenders to fund ----------------- the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.. -----------
Appears in 2 contracts
Samples: Credit Agreement (Novamed Eyecare Inc), Credit Agreement (Novamed Eyecare Inc)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior satisfaction, or concurrent satisfaction waiver in writing by the Agent (with the consent of Required Lenders) of each of the conditions precedent set forth in this Section 5.1.
Appears in 1 contract
Initial Borrowing. The obligations of the Lenders to fund ----------------- the initial Borrowing and or the L/C Issuer to issue the initial Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.. -----------
Appears in 1 contract
Samples: Credit Agreement (Whittaker Corp)
Initial Borrowing. The obligations of the Lenders to fund ----------------- the initial Borrowing and or issue the initial Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.. -----------
Appears in 1 contract
Samples: Credit Agreement (Buy Com Inc)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1, each of which must be satisfactory to the Administrative Agent and the Lenders in form and substance and, if applicable, in full force and effect.
Appears in 1 contract
Samples: Credit and Guarantee Agreement (Kaiser Francis Oil Co)
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior satisfaction, or concurrent satisfaction waiver in writing by the Administrative Agent (with the consent of Required Lenders) of each of the conditions precedent set forth in this Section 5.15.2.
Appears in 1 contract
Samples: Credit Agreement (Noble Energy Inc)
Initial Borrowing. The obligations of the Lenders to fund ----------------- the initial Borrowing and to issue the initial Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.. -----------
Appears in 1 contract
Initial Borrowing. The obligations of the Lenders to fund the initial Borrowing and the Letter of Credit Issuer to issue, and the Lenders to participate in, any letter of Credit, shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.16.1, each of which must be satisfactory to the Lenders in form and substance and, if applicable, in full force and effect.
Appears in 1 contract
Samples: Credit and Guarantee Agreement (Lithium Americas Corp.)
