Common use of Conditions Precedent to Borrowing Clause in Contracts

Conditions Precedent to Borrowing. The obligation of each Lender to make an Advance on the Funding Date is subject to the satisfaction of the following conditions precedent before or concurrently therewith:

Appears in 2 contracts

Samples: Credit Agreement (Sodexho Mariott Services Inc), Credit Agreement (Sodexho Alliance S A)

AutoNDA by SimpleDocs

Conditions Precedent to Borrowing. The obligation of each Lender to make an Advance on the Funding Date is shall be subject to the satisfaction conditions precedent that the Effective Date shall have occurred and on the date of such Borrowing the following statements shall be true (and each of the following conditions precedent before or concurrently therewith:giving of the Notice of Borrowing by the Borrower and the

Appears in 1 contract

Samples: Credit Agreement (At&t Inc.)

Conditions Precedent to Borrowing. The obligation of each Lender to make an Advance provide Loans on the Funding Date is subject to the satisfaction or waiver of the following conditions precedent before or concurrently therewithas of the Funding Date:

Appears in 1 contract

Samples: Senior Unsecured Bridge Loan Agreement (Qep Resources, Inc.)

AutoNDA by SimpleDocs

Conditions Precedent to Borrowing. The obligation of each Lender to make an a Term Advance on the Funding Closing Date is subject to the satisfaction of the following conditions precedent on or before or concurrently therewithsuch date:

Appears in 1 contract

Samples: Term Credit Agreement (Sunstone Hotel Investors, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.