Conditions of Initial Term Loans Sample Clauses

Conditions of Initial Term Loans. The effectiveness of this Agreement and the obligation of each Purchaser to purchase Notes evidencing the Initial Term Loan hereunder on the Original Closing Date is subject to satisfaction of the following conditions:
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Conditions of Initial Term Loans. The obligation of each Lender to make its initial Borrowing hereunder is subject to satisfaction of the following conditions precedent except as otherwise agreed between the Borrower and the Administrative Agent:
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Conditions of Initial Term Loans. 29 Section 3.01.Initial Term Loan A. 29 Section 3.02.Initial Term Loan B. 31 ARTICLE IV. WARRANT 32 Section 4.01.Warrant to Purchase Shares 32 ARTICLE V. COLLATERAL 33 Section 0.00.Xxxxxxxx Interest in Collateral 33 ARTICLE VI. REPRESENTATIONS AND WARRANTIES 33 Section 6.01.Existence, Qualification and Power 33 Section 6.02.Authorization; No Contravention 33 Section 6.03.Governmental Authorization; Other Consents 33 Section 6.04.Binding Effect 33 Section 0.00.Xxxxxxxxx Statements; No Material Adverse Effect 33 Section 6.06.Litigation 34 Section 0.00.Xx Default 34 Section 6.08.Ownership of Property; Liens 34 Section 6.09.Environmental Compliance 34 Section 0.00.Xxxxxxxxx 34 Section 6.11.Taxes 34 Section 6.12.ERISA Compliance 35 Section 6.13.Subsidiaries; Equity Interests 35 Section 6.14.Margin Regulations; Investment Company Act 36 Section 6.15.Disclosure 36 Section 6.16.Compliance with Laws 36 Section 6.17.Intellectual Property 36 Section 6.18.Rights in Collateral; Priority of Liens 37 Section 6.19.Solvency 37 Section 0.00.Xxxxxxxx Locations; Taxpayer Identification Number 37 Section 6.21.Collateral 38 Section 6.22.Patriot Act; Sanctions; Export Controls; FCPA 38 ARTICLE VII. AFFIRMATIVE COVENANTS 39 Section 7.01.Compliance with Laws 39 Section 0.00.Xxxxxxxxx Statements 39 Section 7.03.Certificates; Other Information 40 Section 7.04.Notices 41 Section 7.05.Payment of Obligations 42 Section 7.06.Books and Records 42 Section 7.07.Inspection Rights 42 Section 7.08.Litigation Cooperation 42 Section 7.09.Use of Proceeds 42 Section 7.10.Preservation of Existence, Etc 43 Section 7.11.Maintenance of Properties 43 Section 7.12.Formation or Acquisition of Subsidiaries 43 Section 0.00.Xxxxxxxxx 43 Section 7.14.Further Assurances 43
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Conditions of Initial Term Loans. The effectiveness of this Agreement is subject to satisfaction of the following conditions precedent:
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Conditions of Initial Term Loans 
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Related to Conditions of Initial Term Loans

  • Conditions of Initial Loans The obligation of each Lender to make its initial Loans and of each L/C Issuer to Issue, or cause to be Issued, the initial Letters of Credit hereunder is subject to satisfaction of the following conditions in a manner satisfactory to Agent:

  • Conditions of Initial Borrowing The obligation of each Lender to make its initial Borrowing hereunder is subject to satisfaction of the following conditions precedent:

  • CONDITIONS OF INITIAL EXTENSION OF CREDIT The obligation of Bank to extend any credit contemplated by this Agreement is subject to the fulfillment to Bank's satisfaction of all of the following conditions:

  • Conditions of Loans 6 3.1 Conditions Precedent to Initial Credit Extension.................... 6 3.2 Conditions Precedent to all Credit Extensions....................... 6

  • Conditions of Initial Credit Extensions The obligation of each Bank to make its initial Credit Extension hereunder is subject to the condition that the Agent shall have received on or before the Closing Date all of the following, in form and substance satisfactory to the Agent and each Bank, and in sufficient copies for each Bank:

  • Conditions of Initial Credit Extension The obligation of the L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction of the following conditions precedent:

  • Determinations of Initial Borrowing Conditions For purposes of determining compliance with the conditions specified in Section 3.1, each Lender shall be deemed to be satisfied with each document and each other matter required to be satisfactory to such Lender unless, prior to the Closing Date, the Administrative Agent receives notice from such Lender specifying such Lender’s objections and such Lender has not made available its Pro Rata Share of any Borrowing scheduled to be made on the Closing Date.

  • CONDITIONS OF BORROWING Notwithstanding any other provision of this Agreement, the Bank shall not be required to disburse, make or continue all or any portion of the Loans, if any of the following conditions shall have occurred.

  • CONDITIONS TO ALL BORROWINGS The obligations of the Lenders to make any Loan or issue any Letter of Credit, whether on or after the Closing Date, shall also be subject to the satisfaction of the following conditions precedent:

  • CONDITIONS OF EACH EXTENSION OF CREDIT The obligation of Bank to make each extension of credit requested by Borrower hereunder shall be subject to the fulfillment to Bank's satisfaction of each of the following conditions:

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