Conditions Precedent to Initial. Advance under Commitment Three:
Conditions Precedent to Initial. Advance to Each Borrowing --------------------------------------------------------- Subsidiary. The obligation of each Bank to make its initial Advance hereunder ---------- to any Borrowing Subsidiary is subject to the conditions precedent that the Effective Date shall have occurred and the Administrative Agent shall have received on or before the day of the initial Borrowing by such Borrowing Subsidiary the following, each in form and substance reasonably satisfactory to the Administrative Agent and in sufficient copies for the Banks:
Conditions Precedent to Initial. Purchase from the Originator. The initial Purchase of Receivables from the Originator pursuant to Section 2.02(a) hereunder is subject to the conditions precedent that the Buyer shall have received on or before the date of such Purchase all of the instruments, documents, agreements and opinions specified in Section 3.01 of the Receivables Purchase Agreement, each (unless otherwise indicated therein) dated such date, in form and substance satisfactory to the Buyer.
Conditions Precedent to Initial. Loan on or after the ---------------------------------------------------- Closing Date. In the case of the Loans to be made on the Funding Date: ------------
Conditions Precedent to Initial. Advance and Issuance of Initial Letter of Credit. Xxxxx Fargo’s obligation to make the initial Advance or issue the first Letter of Credit shall be subject to the condition that Xxxxx Fargo shall have received this Agreement and each of the Loan Documents, and any document, agreement, or other item described in or related to this Agreement, and all fees and information described in Exhibit C, executed and in form and content satisfactory to Xxxxx Fargo.
Conditions Precedent to Initial. Advance 7173 Section 3.02 Conditions Precedent to Each Advance 7375
Conditions Precedent to Initial. Advance to any New Vehicle Floorplan Borrower. In addition to the requirements in Section 9.1 and 9.2, no New Vehicle Loans shall 124 13483422v8
Conditions Precedent to Initial. Advance under Commitment Two: The obligation of Lender to make any Advances pursuant to Commitment Two is subject to each and every of the following conditions precedent in form and substance satisfactory to lender in its sole discretion:
Conditions Precedent to Initial. Letters of Credit), each Issuer shall be deemed to have consented to, L/C AGREEMENT FMC CORPORATION approved, accepted or be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Issuers unless an officer of the Administrative Agent responsible for the transactions contemplated by the Credit Documents shall have received notice from such Issuer prior to the initial Issuance hereunder specifying its objection thereto and such Issuer shall not have made available to the Administrative Agent such Issuer’s Ratable Portion of such Issuance.
Conditions Precedent to Initial. Advance to any New Vehicle Floorplan Borrower . In addition to the requirements in Section 9.1 and 9.2, no New Vehicle Loans shall be made to finance New Vehicles owned by any Dealership (including the initial New Vehicle Floorplan Borrowers) and no Dealership shall become a New Vehicle Floorplan Borrower unless all of the following conditions have been satisfied with respect to such Dealership: 9.3.1 All indebtedness and obligations of the Dealership (or if Required Lenders, in their sole discretion, consent in writing, a franchise or location of a Dealership) to 123 115525625.4 0063724-00082
