Common use of Conditions Precedent to Initial Advances Clause in Contracts

Conditions Precedent to Initial Advances. The obligation of each Bank to make its initial Advance and of the Issuing Bank to issue the initial Letter of Credit is subject to the conditions precedent that:

Conditions Precedent to Initial Advances. The obligation of each Bank to make its initial Advance and for the Existing Letters of Credit to be deemed Letters of Credit issued by the Issuing Bank to issue the initial Letter of Credit hereunder is subject to the conditions precedent that:

Conditions Precedent to Initial Advances. The obligation of each Bank to make its initial Advance and of the Issuing Bank Banks to issue the initial Letter Letters of Credit is subject to the satisfaction or waiver in writing of the following conditions precedent thatprecedent:

Conditions Precedent to Initial Advances. The obligation of each Bank to make its initial Advance and of the Issuing Bank to issue the initial Letter Letters of Credit is subject to the satisfaction or waiver in writing of the following conditions precedent thatprecedent:

Conditions Precedent to Initial Advances. The obligation of each Bank Lender to make its initial Advance Advance, and the obligation of the each Issuing Bank to issue the its initial Letter of Credit, on the occasion of the initial Credit Extension hereunder is subject to the following conditions precedent thatprecedent: