CONDITIONS OF ALL LOANS. The obligations of the Banks to make any Loan (including without limitation the obligation of the Agent to issue any Letter of Credit) on and subsequent to the Closing Date is subject to the following conditions precedent:
CONDITIONS OF ALL LOANS. The obligations of the Lenders to convert the Loans under the Prior Credit Agreement into Revolving Credit Loans hereunder and to make or extend any Loan and of the Administrative Agent to issue, extend or renew any Letter of Credit on or after the Closing Date, shall also be subject to the following conditions precedent:
CONDITIONS OF ALL LOANS. The obligation of Lender to make any Loan, including the initial Loan, on any date is also subject to the conditions that:
CONDITIONS OF ALL LOANS. The obligation of IFC to make any Loan under any Tranche, including the First Loan, any Rollover Loan and any Term Loan, is also subject to the conditions that:
CONDITIONS OF ALL LOANS. The obligation of Lenders to make the first Loan and any Loan subsequent to the first Loan and the obligation of the Managing Agent to issue, extend or renew any Letter of Credit are subject to the following conditions precedent:
CONDITIONS OF ALL LOANS. The Lender's obligation to make any Loan is subject to the fulfillment of the following additional conditions precedent:
CONDITIONS OF ALL LOANS. The caption and preamble to Section 4.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:
CONDITIONS OF ALL LOANS. 9 SECTION 3.03
CONDITIONS OF ALL LOANS. The obligations of the Lenders to make any Loan and of the IssuinG Lender to issue, extend or renew any Letter of Credit, in each case on and subsequent to the Effective Date is subject to the following conditions precedent:
CONDITIONS OF ALL LOANS. The obligation of Bank to make any Loan under this Agreement (including the initial Loans) shall be subject to the conditions precedent that, as of the date of such Loan and after giving effect thereto: (i) there exists no Default or Event of Default; (ii) there exists no change that would cause a material adverse change in, or effect upon, (A) the validity, performance or enforceability of any Loan Documents, (B) the financial condition or business operations of Borrower or any Guarantor, or (C) the ability of Borrower or any Guarantor to fulfill its obligations under the Loan Documents (a "MATERIAL ADVERSE EFFECT"); (iii) Bank shall have received from Borrower a Notice of Borrowing dated as of the date of such Loan and all of the statements contained in such Notice of Borrowing shall be true and correct; (iv) the representations and warranties contained in each of the Loan Documents shall be true in all respects as though made on the date of such Loan; and (v) the making of the Loans shall be permitted by the laws and regulations of each jurisdiction to which Bank or Borrower may be subject (including, without limi- tation, Regulation T, U or X of the Board of Governors of the Federal Reserve System), and shall not subject Bank to any penalty or, in the reasonable judgment of the Bank, other burdensome condition under or pursuant to any applicable law or governmental regulation.
