Common use of Conditions Precedent to Initial Borrowings and the Initial Letter of Credit Clause in Contracts

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and an initial Letter of Credit, shall be subject to the conditions precedent that:

Appears in 6 contracts

Samples: Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)

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Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the its initial Advance and an the Issuing Lender to issue any initial Letter of Credit, Credit shall be subject to the conditions precedent that:

Appears in 6 contracts

Samples: Credit Agreement (Isramco Inc), Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and an for the Issuing Lender to issue the initial Letter Letters of Credit, Credit shall be subject to the conditions precedent that:

Appears in 6 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance Advances and the Issuing Lender to issue an initial Letter of Credit, shall be subject to the conditions precedent that:

Appears in 4 contracts

Samples: Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and an initial Letter of Credit, including the deemed issuance of the Existing Letters of Credit, shall be subject to the conditions precedent that:

Appears in 3 contracts

Samples: Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Boots & Coots International Well Control Inc)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and of any Issuing Lender to issue an initial Letter of Credit, including the deemed issuance of any Existing Letters of Credit, shall be subject to the conditions precedent that:

Appears in 3 contracts

Samples: Year Credit Agreement (NOV Inc.), Credit Agreement (National Oilwell Varco Inc), Assignment and Assumption (National Oilwell Varco Inc)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and an to issue any initial Letter Letters of Credit, shall be subject to the conditions precedent that:

Appears in 2 contracts

Samples: Credit Agreement (Heckmann Corp), Credit Agreement (Heckmann Corp)

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Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and of any Issuing Lender to issue an initial Letter of Credit, including the deemed issuance of the Existing Letters of Credit, shall be subject to the conditions precedent that:

Appears in 2 contracts

Samples: Assignment and Assumption (National Oilwell Varco Inc), Year Credit Agreement (National Oilwell Varco Inc)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial Advance and an for any Issuing Lender to issue the initial Letter Letters of Credit, including the deemed issuance of the Existing Letters of Credit, shall be subject to the conditions precedent that:

Appears in 1 contract

Samples: Credit Agreement (Forum Energy Technologies, Inc.)

Conditions Precedent to Initial Borrowings and the Initial Letter of Credit. The obligations of each Lender to make the initial its Term Advance and an its initial Revolving Advance and the Issuing Lender to issue any initial Letter of Credit, Credit shall be subject to the conditions precedent that:

Appears in 1 contract

Samples: Credit Agreement (Abraxas Petroleum Corp)

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