Conditions Precedent to Each Credit Event. The obligation of the Banks and the Lender Groups to effect or permit each Credit Event is subject to the prior satisfaction (or written waiver by Administrative Agent with the consent of the Majority Banks) of each of the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (Pacific Gas & Electric Co), Credit Agreement (Pg&e Corp)
Conditions Precedent to Each Credit Event. The obligation of the Banks and the each Lender Groups to effect or permit each allow any Credit Event is subject to the occurrence of the Closing Date and prior satisfaction (or written waiver by Administrative Agent with the consent of the Majority BanksLenders) of each of the following conditions precedentconditions:
Appears in 2 contracts
Samples: Credit Agreement (Renegy Holdings, Inc.), Credit Agreement (Renegy Holdings, Inc.)
Conditions Precedent to Each Credit Event. The obligation of the Banks and the each Lender Groups to effect or permit in respect of each Credit Event is subject to the occurrence of the Closing Date and prior satisfaction (or written waiver by Administrative Agent with the consent of the Majority BanksRequired Lenders) of each of the following conditions precedentconditions:
Appears in 1 contract
