Common use of Conditions of Initial Advance Clause in Contracts

Conditions of Initial Advance. The obligation of the Lenders to make the initial Advance under the Revolving Credit Facility, and of the Issuing Bank to issue any Letter of Credit, and of Bank of America to make any Swing Line Loan, is subject to the conditions precedent that:

Appears in 6 contracts

Samples: Credit Agreement (Covenant Transport Inc), Credit Agreement, Credit Agreement (Wackenhut Corp)

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Conditions of Initial Advance. The obligation of the Lenders to make the initial Advance under the Revolving Credit Facility, and of the Issuing Bank to issue any Letter of Credit, Credit and of Bank of America NationsBank to make any Swing Line Loan, is subject to the conditions precedent that:

Appears in 2 contracts

Samples: Credit Agreement (Watsco Inc), Conformed Copy (Watsco Inc)

Conditions of Initial Advance. The obligation obligations of the Lenders to make the initial Advance under the Revolving Credit Facility, and of the Issuing Bank to issue any Letter of Credit, and of Bank of America the Swing Line Lender to make any Swing Line Loan, is are subject to the conditions precedent that:

Appears in 1 contract

Samples: Stock Pledge Agreement (Miller Industries Inc /Tn/)

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Conditions of Initial Advance. The obligation of the Lenders to make the initial Advance under the Revolving Credit FacilityFacility or an initial Competitive Bid Loan, and of the Issuing Bank to issue any Letter of Credit, and of Bank of America Swing Line Lender to make any Swing Line Loan, is subject to the conditions precedent that:

Appears in 1 contract

Samples: Credit Agreement (V F Corp /Pa/)

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