Common use of Conditions Precedent to Each Competitive Bid Borrowing Clause in Contracts

Conditions Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Loan on the occasion of a Competitive Bid Borrowing to make such Competitive Bid Loan as part of such Competitive Bid Borrowing is subject to the conditions precedent that (i) the Agent shall have received the written confirmatory Notice of Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid Borrowing, but prior to such Competitive Bid Borrowing, the Agent shall have received a Competitive Bid Note payable to the order of such Lender for each of the one or more Competitive Bid Loans to be made by such Lender as part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the Competitive Bid Loan to be evidenced

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Enterprises Inc)

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Conditions Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Loan on the occasion of a Competitive Bid Borrowing Advance to make such Competitive Bid Loan Advance as part of such a Competitive Bid Borrowing is subject to the further conditions precedent that (ia) the Administrative Agent shall have received the written confirmatory Notice of Competitive Bid Borrowing with respect thereto, thereto and (iib) on or before the date of such Competitive Bid Borrowing, but prior to such Competitive Bid Borrowing, the Administrative Agent shall have received a for recordation in the Competitive Bid Note payable Register information as to the order of such Lender for each of the one or more Competitive Bid Loans Advances to be made by such Lender the Lenders as part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the each such Competitive Bid Loan Advance and such other terms agreed to be evidencedfor each such Competitive Bid Advance in accordance with Section 2.02.

Appears in 1 contract

Samples: Credit Agreement (Laboratory Corp of America Holdings)

Conditions Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Loan Advance on the occasion of a Competitive Bid Borrowing to make such Competitive Bid Loan Advance as part of such Competitive Bid Borrowing is subject to the conditions precedent that (i) the Agent shall have received the written confirmatory Notice of Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid Borrowing, but prior to such Competitive Bid Borrowing, the Agent shall have received a Competitive Bid Note payable to the order of such Lender for each of the one or more Competitive Bid Loans Advances to be made by such Lender as part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the Competitive Bid Loan to be evidencedas

Appears in 1 contract

Samples: Credit Agreement (Washington Post Co)

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Conditions Precedent to Each Competitive Bid Borrowing. The obligation of each Lender that is to make a Competitive Bid Loan Advance on the occasion of a Competitive Bid Borrowing to make such Competitive Bid Loan Advance as part of such Competitive Bid Borrowing is subject to the conditions precedent that (i) the Agent shall have received the written confirmatory Notice of Competitive Bid Borrowing with respect thereto, (ii) on or before the date of such Competitive Bid Borrowing, but prior to such Competitive Bid Borrowing, the Agent shall have received a Competitive Bid Note payable to the order of such Lender for each of the one or more Competitive Bid Loans Advances to be made by such Lender as part of such Competitive Bid Borrowing, in a principal amount equal to the principal amount of the Competitive Bid Loan to be evidenced,

Appears in 1 contract

Samples: Five Year Credit Agreement (Snap on Inc)

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