Common use of INITIAL LOAN TO THE COMPANY Clause in Contracts

INITIAL LOAN TO THE COMPANY. The obligation of each Bank to make its initial Loan to the Company is, in addition to the conditions precedent specified in Section 10.3, subject to the condition precedent that such Bank shall have received all of the following, each duly executed and dated the date of such Loan (or such earlier date as shall be satisfactory to such Bank), in form and substance satisfactory to such Bank:

Appears in 4 contracts

Samples: Revolving Credit Agreement (TRW Inc), Multi Year Revolving Credit Agreement (Trans World Airlines Inc /New/), Revolving Credit Agreement (TRW Inc)

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