Conditions Precedent to Each Extension of Credit. The obligation of each Lender to make an Extension of Credit (including the initial Extension of Credit, but excluding the Conversion of a Eurodollar Rate Loan into an ABR Loan) shall be subject to the further conditions precedent that, on the date of such Extension of Credit and after giving effect thereto:
Appears in 6 contracts
Samples: Credit Agreement (Consumers Energy Co), Credit Agreement (Consumers Energy Co), Credit Agreement (Panhandle Eastern Pipe Line Co)
Conditions Precedent to Each Extension of Credit. The obligation of each Lender or Issuing Bank, as the case may be, to make an Extension of Credit (including the initial Extension of Credit (including the deemed issuance of the Transitional Letters of Credit), but excluding the Conversion of a Eurodollar Rate Loan into an ABR Loan) shall be subject to the further conditions precedent that, on the date of such Extension of Credit and after giving effect thereto:
Appears in 5 contracts
Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp)
Conditions Precedent to Each Extension of Credit. The obligation of each Lender or Issuing Bank, as the case may be, to make an Extension of Credit (including the initial Extension of Credit, but excluding the Conversion of a Eurodollar Rate Loan into an ABR Loan) shall be subject to the further conditions precedent that, on the date of such Extension of Credit and after giving effect thereto:
Appears in 4 contracts
Samples: Credit Agreement (CMS Energy Corp), Credit Agreement (Consumers Energy Co), Credit Agreement (CMS Energy Corp)
Conditions Precedent to Each Extension of Credit. The obligation of each Lender or Issuing Bank, as the case may be, to make an Extension of Credit (including the initial Extension of Credit, but excluding the Conversion of a Eurodollar Rate Loan into an ABR Loan) shall be subject to the further conditions precedent that, on the date of such Extension of Credit and after giving effect thereto:
Appears in 1 contract
