Common use of Conditions Precedent to Initial Transaction Clause in Contracts

Conditions Precedent to Initial Transaction. Administrative Agent’s obligation to enter into the initial Transaction hereunder, for the benefit of the Buyers, is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Administrative Agent shall have received from the Seller any fees and expenses then due and payable hereunder, and all of the following documents, each of which shall be satisfactory to Administrative Agent and the Buyers in form and substance:

Conditions Precedent to Initial Transaction. Administrative Agent’s obligation ’s, agreement (on behalf of ▇▇▇▇▇▇) to enter into the initial Transaction hereunder, for the benefit of the Buyers, hereunder is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Administrative Agent on behalf of ▇▇▇▇▇▇ shall have received from the Seller any fees and expenses then due and payable hereunder, and all of the following documents, each of which shall be satisfactory to Administrative Agent and the Buyers its counsel in form and substance:

Conditions Precedent to Initial Transaction. Administrative Agent’s obligation to enter into the initial Transaction hereunder, for the benefit of the Buyers, is subject to the satisfaction, immediately prior to or concurrently with the making of such Transaction, of the condition precedent that Administrative Agent shall have received from the Seller Sellers any fees and expenses then due and payable hereunder, and all of the following documents, each of which shall be satisfactory to Administrative Agent Agent, Buyers and the Buyers their counsel in form and substance: