Common use of Vanilla Conditions Precedent Clause in Contracts

Vanilla Conditions Precedent. (a) The obligations of the Lenders to make the A Facility, the Revolving Facility and the Secondary Revolving Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in paragraphs 1 to 9 of Part 1 of Schedule 4 (Conditions Precedent to First Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied. (b) The obligations of the Lenders to make the B2 Facility, B3 Facility and B4 Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in paragraphs 10 to 12 of Schedule 4 (Conditions Precedent to First Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied. (c) The obligations of the Lenders to make the B5 Facility and B6 Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in Part 8 of Schedule 4 (Conditions Precedent to B5 Facility and B6 Facility Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied. (d) The obligations of the C Facility Lenders to make the C Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in Part 7 of Schedule 4 (Conditions Precedent to C Facility Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the C Facility Lenders promptly upon being so satisfied.

Appears in 4 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

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Vanilla Conditions Precedent. (a) The obligations of the Lenders to make the A Facility, the Revolving Facility and the Secondary Revolving Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in paragraphs 1 to 9 of Part 1 of Schedule 4 (Conditions Precedent to First Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied. (b) The obligations of the Lenders to make the B2 Facility, B3 Facility and B4 Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in paragraphs 10 to 12 of Schedule 4 (Conditions Precedent to First Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied. (c) The obligations of the Lenders to make the B5 Facility and B6 Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in Part 8 of Schedule 4 (Conditions Precedent to B5 Facility and B6 Facility Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied. (d) The obligations of the C Facility Lenders to make the C Facility available shall be conditional upon the Facility Agent having confirmed to the Company that it has received (or has waived in accordance with this Agreement, the requirement to receive) the documents listed in Part 7 of Schedule 4 (Conditions Precedent to C Facility Utilisation) and that each is satisfactory, in form and substance, to the Facility Agent, acting reasonably. The Facility Agent shall notify the Company and the C Facility Lenders promptly upon being so satisfied.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Virgin Media Investment Holdings LTD), Senior Facilities Agreement (Virgin Media Investment Holdings LTD), Senior Facilities Agreement (Virgin Media Inc.)

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