Initial Credit Extension definition

Initial Credit Extension as defined in Section 3.1.

Initial Credit Extension means the Credit Extension to occur on the Closing Date.

Initial Credit Extension means the first Credit Extension made pursuant to this Agreement.

Examples of Initial Credit Extension in a sentence

• A high commonality between subspaces appeared to produce a high search quality.

• The Borrowing Base shall be initially computed on the date of the Initial Credit Extension hereunder.

• ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions of Initial Credit Extension.

• C ONDITIONS OF LOANS 3.1 Conditions Precedent to Initial Credit Extension.

• The Acquisition will have been consummated substantially concurrently with the Initial Credit Extension on the Closing Date in accordance with the Acquisition Agreement as in effect on the date thereof without any waiver, amendment or modification thereof, in each case, that is materially adverse to the Lenders in their capacity as such unless consented to by the Lenders (such consent not to be unreasonably withheld or delayed).

More Definitions of Initial Credit Extension

Initial Credit Extension means the Credit Extension occurring following the satisfaction of the conditions set forth in Section 4.01.

Initial Credit Extension is defined in Section 5.1.

Initial Credit Extension means that portion of the initial Credit Extension under the Facilities which (a) is necessary for the Borrower and its Subsidiaries to consummate the Transactions and to repay in full all outstanding obligations under the Prior Credit Agreement and (b) shall be advanced on the Closing Date concurrent with the consummation of the Transactions and the repayment of the outstanding obligations under the Prior Credit Agreement.

Initial Credit Extension means, on the Closing Date, with respect to each Borrower, the exchange of certain preferred units issued by such Borrower for Initial Loans of such Borrower in Dollars pursuant to the Merger Agreement applicable to such Borrower and otherwise in accordance with Section 2.01(a)(i).

Initial Credit Extension means the date of the initial Borrowing hereunder.

Initial Credit Extension means the first Borrowing, issuance of an L/C or other extension of credit by Lender under this Agreement.

Initial Credit Extension means the first Credit Extension made under this Agreement.