Common use of Conditions Precedent to Initial Advances Clause in Contracts

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to or concurrently with, the making of such initial Advance, of each of the following conditions precedent:

Appears in 6 contracts

Samples: Day Credit Agreement (Peco Energy Co), Revolving Credit Agreement (Peco Energy Co), Revolving Credit Agreement (Peco Energy Co)

AutoNDA by SimpleDocs

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to conditions precedent that on or concurrently with, before the making date of such initial Advance, of each of the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (System Energy Resources Inc), Credit Agreement (Entergy Arkansas Inc), Credit Agreement (Entergy Arkansas Inc)

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to or concurrently with, the making of such initial Advance, of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Century Communications Corp), Credit Agreement (Centennial Cellular Corp)

Conditions Precedent to Initial Advances. The obligation of each Lender to make its initial Advance is subject to the satisfaction, prior to condition precedent that on or concurrently with, before the making date of such initial Advance, of each of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Jersey Central Power & Light Co), Year Credit Agreement (Jersey Central Power & Light Co)

AutoNDA by SimpleDocs

Conditions Precedent to Initial Advances. The obligation obligations of each Lender to make its initial Advance is subject to the satisfaction, prior to or concurrently with, the making of such initial Advance, of each of the following conditions precedent:: (a)

Appears in 1 contract

Samples: Louisville Gas & Electric Co /Ky/

Time is Money Join Law Insider Premium to draft better contracts faster.