Common use of Initial Loans on the Closing Date Clause in Contracts

Initial Loans on the Closing Date. The obligations of the Banks to make any Loan, or of the Issuing Bank to issue any Letter of Credit, on the Closing Date are subject to the conditions precedent that on or before the Closing Date, the Agent shall have received, there shall have been performed and there shall exist, the documents, actions and other matters set forth in Annex C hereto, each in form, scope and substance, and (as applicable) dated as of a date, satisfactory to the Agent and its counsel.

Appears in 2 contracts

Samples: Credit Agreement (Hastings Entertainment Inc), Credit Agreement (Hastings Entertainment Inc)

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Initial Loans on the Closing Date. The obligations of the Banks to make any Loan, or of the Issuing Bank to issue any Letter of Credit, Revolving Loan on the Closing Date are subject to the conditions precedent that on or before the Closing Date, the Agent shall have received, there shall have been performed and there shall exist, the documents, actions and other matters set forth in Annex C hereto, each in form, scope and substance, and (as applicable) dated as of a date, satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Lancer Corp /Tx/)

Initial Loans on the Closing Date. The obligations of the Banks to make any Loan, or of the Issuing Bank to issue any Letter of Credit, Loan on the Closing Date are subject to the conditions precedent that on or before the Closing Date, the Agent shall have received, there shall have been performed and there shall exist, the documents, actions and other matters set forth in Annex C hereto, each in form, scope and substance, and (as applicable) dated as of a date, satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Packaged Ice Inc)

Initial Loans on the Closing Date. The obligations of the Banks to make any Loan, or of the Issuing Bank to issue any Letter of Credit, on the Closing Date are subject to the conditions precedent that on or before the Closing Date, the Agent shall have received, there shall have been performed and there shall exist, the documents, actions and other matters set forth in Annex C BC hereto, each in form, scope and substance, and (as applicable) dated as of a date, satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Hastings Entertainment Inc)

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Initial Loans on the Closing Date. The obligations of the Banks to make any Loan, or of the Issuing Bank to issue any Letter of Credit, on the Closing Date are subject to the conditions precedent that on or before the Closing Date, the Agent shall have received, there shall have been performed and there shall exist, the documents, actions and other matters set forth in Annex C hereto, each in form, scope and substance, and (as applicable) dated as of a date, satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Billing Information Concepts Corp)

Initial Loans on the Closing Date. The obligations of the Banks to make any Loan, the initial Revolving Loan on or of the Issuing Bank to issue any Letter of Credit, on after the Closing Date are subject to the conditions precedent that on or before the Closing Date, the Agent shall have received, there shall have been performed and there shall exist, the documents, actions and other matters set forth in Annex C hereto, each in form, scope and substance, and (as applicable) dated as of a date, satisfactory to the Agent and its counsel.

Appears in 1 contract

Samples: Credit Agreement (Lancer Corp /Tx/)

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