Common use of Conditions Precedent to Each Loan and Each Letter of Credit Clause in Contracts

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders to issue each Letter of Credit, including the initial Loans and the initial Letters of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 15 contracts

Samples: Security Agreement (Delta Air Lines Inc /De/), Credit and Guaranty Agreement (Spirit Airlines, Inc.), Security Agreement (Delta Air Lines Inc /De/)

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Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders Lender to issue each Letter of Credit, including the initial Loans Loan and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.0810.09) of the following conditions precedent:

Appears in 10 contracts

Samples: Revolving Credit and Guaranty Agreement (Tower International, Inc.), Loan and Guaranty Agreement (Delphi Corp), Credit and Guaranty Agreement (Tower Automotive, LLC)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders to issue each Letter of Credit, including the initial Loans and the initial Letters of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:precedent (provided, that any condition precedent to drawing of a Revolving Loan may be waived only by the Required Revolving Lenders):

Appears in 8 contracts

Samples: Credit and Guaranty Agreement (United Airlines, Inc.), Security Agreement (American Airlines Inc), SGR Security Agreement (American Airlines Inc)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders Lender to issue each Letter of Credit, including the initial Loans and the initial Letters of CreditLoans, is subject to the satisfaction (or waiver in accordance with Section 10.0810.09) of the following conditions precedent:

Appears in 5 contracts

Samples: Loan and Guaranty Agreement, Loan and Guaranty Agreement (Delphi Corp), Loan and Guaranty Agreement (Delphi Corp)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each any Loan and of or the Issuing Lenders to issue each Letter of Credit, including the initial Loans and the initial Letters Credit Issuer to cause to be issued any Letter of Credit, Credit is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 4 contracts

Samples: Credit Agreement (Team Inc), Credit Agreement (Team Inc), Credit Agreement (Team Inc)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan Loan, fund its Credit-Linked Deposit and of the Issuing Lenders Lender to issue each Letter of Credit, including the initial Loans Loan and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 2 contracts

Samples: First Lien Security Agreement (Delta Air Lines Inc /De/), Credit and Guaranty Agreement (Delta Air Lines Inc /De/)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders Lender to issue each Letter of Credit, including the initial Loans Loan and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 2 contracts

Samples: Loan and Guaranty Agreement (Ual Corp /De/), Loan and Guaranty Agreement (Ual Corp /De/)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders Lender to issue each Letter of Credit, including the initial Loans Loan and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.0810.10) of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Guaranty Agreement

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders to issue each Letter of Credit, including the initial Loans Loan and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 1 contract

Samples: Collateral Trust Agreement (Delta Air Lines Inc /De/)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each any Loan and of the Issuing Lenders or cause to issue each be issued any Letter of Credit, including the initial Loans and the initial Letters of Credit, Credit is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (General Datacomm Industries Inc)

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Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders to issue each Letter of Credit, including Credit after the initial Loans and the initial Letters of Credit, Closing Date is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:precedent (provided, that any condition precedent to drawing of a Revolving Loan may be waived only by the Required Revolving Lenders):

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Airlines, Inc.)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Revolving Credit Loan and of the Issuing Lenders Banks to issue or extend each Letter of Credit, including Credit from and after the initial Loans and the initial Letters of Credit, Closing Date is also subject to the satisfaction (or waiver in accordance with Section 10.08waiver) of the following conditions precedent:

Appears in 1 contract

Samples: Possession Credit Agreement (Toys R Us Inc)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan to be made on the Closing Date and of the Issuing Lenders Lender to issue each Letter of Credit, including the initial Loans and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.0810.09) of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Guaranty Agreement (Tower Automotive, LLC)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders to issue each Letter of Credit, including the initial Loans Loan and the initial Letters Letter of Credit, is subject to the satisfaction (or waiver in accordance with Section 10.0810.09) of the following conditions precedent:

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Tower International, Inc.)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each any Loan and of or the Issuing Lenders Agent to issue each cause to be issued any Letter of Credit, including the initial Loans and the initial Letters of Credit, Credit is subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions precedent:

Appears in 1 contract

Samples: Loan and Security Agreement (Hooper Holmes Inc)

Conditions Precedent to Each Loan and Each Letter of Credit. The obligation of the Lenders to make each Loan and of the Issuing Lenders to issue each Letter of CreditLoan, including the initial Loans and the initial Letters of CreditLoans, is subject to the satisfaction (or in the case of waiver in accordance with Section 10.08only, consent by each Term Lender as to its own Commitment) of the following conditions precedent:

Appears in 1 contract

Samples: Aircraft Security Agreement (American Airlines, Inc.)

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