Common use of Initial Borrowing Clause in Contracts

Initial Borrowing. No Lender is obligated to fund its part of any Borrowing unless Administrative Agent has received all of the documents and items described on SCHEDULE 5.

Appears in 2 contracts

Samples: Credit Agreement (Cfi Mortgage Inc), Credit Agreement (Rac Financial Group Inc)

AutoNDA by SimpleDocs

Initial Borrowing. No Lender is obligated to fund its part of any Borrowing unless Administrative Agent has received all of the documents and items described on SCHEDULE Schedule 5.

Appears in 2 contracts

Samples: Credit Agreement (American Business Financial Services Inc /De/), Credit Agreement (American Business Financial Services Inc /De/)

AutoNDA by SimpleDocs

Initial Borrowing. No Lender is obligated to fund its part of any Borrowing unless Administrative Agent has received all of the documents and items described on SCHEDULE 5on, except as specifically otherwise noted on, Schedule 5.1.

Appears in 1 contract

Samples: Loan and Security Agreement (Ryland Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!