Common use of Any Advance Clause in Contracts

Any Advance. The obligation of each Bank to make any Advance, and ----------- the obligation of the Issuing Bank to issue a Letter of Credit, is subject to the following conditions precedent (unless the Requisite Banks, in their sole and absolute discretion, shall agree otherwise):

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

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Any Advance. The obligation of each Bank to make any Advance, and the ----------- the obligation of the Issuing Bank to issue a Letter of Credit, is subject to the following conditions precedent (unless the Requisite Banks, in their sole and absolute discretion, shall agree otherwise):

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

Any Advance. The obligation of each Bank to make any Advance, ----------- and ----------- the obligation of the Issuing Bank to issue a Letter of Credit, is subject to the following conditions precedent (unless the Requisite Banks, in their sole and absolute discretion, shall agree otherwise):

Appears in 1 contract

Samples: Revolving Loan Agreement (MGM Grand Inc)

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Any Advance. The obligation of each Bank to make any Advance, and the ----------- the obligation of the Issuing Bank to issue a Letter of Credit, which would result in the Outstanding Obligations being in excess of $600,000,000, is subject to the following conditions precedent precedent, each of which shall be satisfied prior to the making of any such Advances and the issuance of any such Letters of Credit (unless all of the Requisite Banks, in their sole and absolute discretion, shall agree otherwise):

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

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