Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks to make the initial Loans or the Fronting Bank to issue the initial Letter of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 13 contracts
Samples: Revolving Credit and Guaranty Agreement (Kmart Corp), Revolving Credit Agreement (Systemax Inc), Credit and Guaranty Agreement (Paragon Trade Brands Inc)
Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks Lenders to make the initial Loans or the Fronting Bank to issue the initial Letter of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Polymer Group Inc), Revolving Credit Agreement (Viasystems Group Inc), Credit and Guaranty Agreement (Thermadyne Holdings Corp /De)
Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks Lenders to make the initial Loans or the Fronting Issuing Bank to issue the initial Letter of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 3 contracts
Samples: Revolving Credit and Guaranty Agreement (Bradlees Inc), Credit and Guaranty Agreement (Bradlees Inc), Credit and Guaranty Agreement (Caldor Corp)
Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks Lenders to make the initial Loans or the Fronting Issuing Bank to issue the initial Letter Letters of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 1 contract
Samples: Revolving Credit and Guaranty Agreement (Bradlees Inc)
Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks Lenders to make the initial Loans or the Fronting Bank Lender to issue the initial Letter of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 1 contract
Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks to make the initial Loans or the Fronting Bank to issue the initial Letter of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 1 contract
Conditions Precedent to Initial Loans and Initial Letters of Credit. The obligation of the Banks DIP Lenders to make the initial Loans or the Fronting Bank Banks to issue the initial Letter Letters of Credit, whichever may occur first, is subject to the following conditions precedent:
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Laroche Industries Inc)
