Common use of Initial Credit Events Clause in Contracts

Initial Credit Events. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit on the Effective Date is subject to satisfaction of each of the following conditions on the Effective Date:

Appears in 3 contracts

Samples: Credit Agreement (Crown Media Holdings Inc), Credit Agreement (Crown Media Holdings Inc), Credit Agreement (Crown Media Holdings Inc)

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Initial Credit Events. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit on the Effective Date is were subject to satisfaction of each of the following conditions being satisfied (or waived in accordance with Section 9.02 of the Original Credit Agreement) on or prior to the Effective Date:

Appears in 1 contract

Samples: Credit Agreement (Mylan Inc.)

Initial Credit Events. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit on the Effective Date is was subject to satisfaction of each of the following conditions each of which was satisifed on or prior to the Effective Date:

Appears in 1 contract

Samples: Credit Agreement (Delphi Automotive PLC)

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Initial Credit Events. The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit on the Effective Date is was subject to satisfaction of each of the following conditions each of which was satisfied on or prior to the Effective Date:

Appears in 1 contract

Samples: Credit Agreement (Delphi Automotive PLC)

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