Common use of Initial Loan and Letter of Credit Clause in Contracts

Initial Loan and Letter of Credit. The obligation of each --------------------------------- Lender to make its initial Loan and the obligation of the Administrative Agent to issue the initial Letters of Credit (including any thereof issued in replacement for or as backing to Existing Letters of Credit) are subject to the following conditions precedent:

Initial Loan and Letter of Credit. The obligation of each --------------------------------- Lender Bank to make its initial Loan and the obligation of the Administrative Agent to issue the initial Letters Letter of Credit (including any thereof issued in replacement for or as backing to Existing Letters of Credit) are subject to the following conditions precedent:

Initial Loan and Letter of Credit. The obligation of each --------------------------------- Lender to make its initial Loan and the obligation of the Administrative Agent to issue the initial Letters Letter of Credit (including any thereof issued in replacement for or as backing to Existing Letters of Credit) are subject to the following conditions precedent:

Initial Loan and Letter of Credit. The obligation of each --------------------------------- Lender to make its initial Loan and the obligation of the Administrative Agent to issue the initial Letters Letter of Credit (including any thereof issued in replacement for or as backing to Existing Letters of Credit) are subject to the following conditions precedent:

Initial Loan and Letter of Credit. The obligation of each --------------------------------- Lender to make its initial Loan and the obligation of the Administrative Agent to issue the initial Letters Letter of Credit (including any thereof issued in replacement for or as backing to Existing Letters of Credit) are subject to the following conditions precedent: