Common use of Conditions Precedent to Initial Loans and Letter of Credit Accommodations Clause in Contracts

Conditions Precedent to Initial Loans and Letter of Credit Accommodations. Each of the following is a condition precedent to the initial Loans and Letter of Credit Accommodations pursuant to this Agreement and the other Financing Agreements which shall be satisfied in a manner acceptable to Agent (any of which may be waived, in whole or in part, only by Agent and all of Lenders in writing):

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Salant Corp), Revolving Credit and Security Agreement (Salant Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!