Common use of Conditions Precedent to Making of Loans on the Closing Date Clause in Contracts

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 15 contracts

Samples: Credit and Security Agreement (PSS World Medical Inc), Credit Agreement (PSS World Medical Inc), Credit Agreement (Spansion Inc.)

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Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, Date are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 8 contracts

Samples: Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of to be issued or provide Credit Issuer to issue Support for any Letter of Credit on the Closing DateDate and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date or in Credit Support for any Letters of Credit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 6 contracts

Samples: Loan and Security Agreement (United States Leather Inc /Wi/), Loan, Guaranty and Security Agreement (Riddell Sports Inc), Loan and Security Agreement (Hills Stores Co /De/)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied prior to or concurrently with the making of such Loans in a manner satisfactory to the Agent and each Lender:

Appears in 5 contracts

Samples: Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Lender:

Appears in 4 contracts

Samples: Credit Agreement (Kforce Inc), Credit Agreement (Kforce Inc), Credit Agreement (Kforce Com Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the applicable Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 4 contracts

Samples: Credit Agreement (Westlake Chemical Corp), Credit Agreement (Westlake Chemical Corp), Credit Agreement (Westlake Chemical Corp)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans and the Term Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 3 contracts

Samples: Credit Agreement (Weston Roy F Inc), Credit Agreement (Imperial Sugar Co /New/), Credit Agreement (Anchor Holdings Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit or Credit Support on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Credit Agreement (Applica Inc), Credit Agreement (Egl Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation obligations of the Lenders to make the initial Revolving Loans on or after the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any a Letter of Credit on or after the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Credit Agreement (Alon USA Energy, Inc.), Credit Agreement (Alon USA Energy, Inc.)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders Lender to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent Lender to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Credit Agreement (New Athletics, Inc.), Credit Agreement (Remedytemp Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the applicable Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied satisfaction (or waiver in a manner satisfactory to writing by the Agent and each Lenderthe Arrangers) of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (United Rentals North America Inc), Assignment and Acceptance (United Rentals Inc /De)

Conditions Precedent to Making of Loans on the Closing Date. The ----------------------------------------------------------- obligation of the Lenders to make the initial Revolving Loans on the Closing Date, Date and the obligation of the Agent to use reasonable efforts to cause the Letter of Credit Issuer to issue be issued any Letter of Credit on the Closing Date, Date and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Loan and Security Agreement (Pac-West Telecomm Inc), Loan and Security Agreement (Pac-West Telecomm Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner reasonably satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Credit Agreement (Gfsi Inc), Credit Agreement (Andrx Corp /De/)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial any additional Revolving Loans and the Term Loan on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing DateCredit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Credit Agreement (Fleetwood Enterprises Inc/De/), Credit Agreement (Fleetwood Enterprises Inc/De/)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, Date and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are are, in each case, subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Lender:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Foamex International Inc), Possession Credit Agreement (Foamex L P)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue be issued any Letter of Credit on the Closing Date and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 2 contracts

Samples: Loan and Security Agreement (Waxman Industries Inc), Loan and Security Agreement (LDM Technologies Co)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders Lender to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer Lender to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner reasonably satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Reeds Jewelers Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (MWI Veterinary Supply, Inc.)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Saks Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, the obligation of the Agent to cause to be issued or provide Credit Support for any Letter of Credit on the Closing Date, the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date or in Credit Support for any Letters of Credit, and the obligation of the Agent to cause incur the Letter of Credit Issuer to issue any Letter of Credit Other Indemnified Transactions on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Gt Bicycles Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, Date and to make the Term Loans and the Capital Expenditure Loans and the obligation of the Agent to cause the Letter of to be issued or provide Credit Issuer to issue Support for any Letter of Credit on the Closing DateDate and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date or in Credit Support for any Letters of Credit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Centrum Industries Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lenderprecedent:

Appears in 1 contract

Samples: Credit Agreement (Acg Holdings Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans and the Term Loans on the Closing Date, and the obligation of the Collateral Agent to cause the Letter of Credit Issuer to issue issue, and the Letter of Credit Issuer to issue, any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied or waived in writing in a manner satisfactory to the Agent Agents and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Miller Industries Inc /Tn/)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, Date are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Westlake Chemical Corp)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders Lender to make the initial Revolving Loans and the Term Loan on the Closing Date, and the obligation of the Agent Lender to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Meade Instruments Corp)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Revolving Lenders to make the initial Revolving Loans on the Closing Date, Date and the Term Lenders to make the Term Loans on the Closing Date and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are are, in each case, subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Foamex International Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans and the initial Term Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Worldtex Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing DateDate and to make the Term Loan, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner reasonably satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Fruit of the Loom LTD)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of to be issued or provide Credit Issuer to issue Support for any Letter of Credit on the Closing DateDate and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date or in Credit Support for any such Letters of Credit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Manhattan Bagel Co Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans and the Term Loan on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Co-Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Salton Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders Lender to make the initial Revolving Loans on the Closing DateDate and to make the Term Loans, and the obligation of the Agent Lender to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, Date are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Cerprobe Corp)

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Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Term Loans on the Closing Date, Date and to make the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing DateCAPEX Loans, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (LDM Technologies Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, Date and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Anchor Glass Container Corp /New)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit or Credit Support on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender, to the extent not previously satisfied in connection with the Original Credit Agreement:

Appears in 1 contract

Samples: Credit Agreement (Applica Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Revolving Lenders to make the initial Revolving Loans and the Term Lenders to make the Term Loans on the Closing Date, and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Manufacturers Services LTD)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans Line of Credit Loan on the Closing Date, Date and to make the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are Convertible Term Loan is subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each LenderAgent:

Appears in 1 contract

Samples: Loan and Security Agreement (Country Star Restaurants Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:Lender (and in the case of any documents, agreements or other deliveries, such documents, agreements and deliveries shall be in form and substance satisfactory to the Agent and the Initial Lenders):

Appears in 1 contract

Samples: Loan and Security Agreement (Spiegel Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Administrative Agent to cause the Letter of to be issued or provide Credit Issuer to issue Support for any Letter of Credit on the Closing DateDate and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date or in Credit Support for any Letters of Credit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Ames Department Stores Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are is subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Lender:.

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Air Group Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, and the obligation of the Administrative Agent to cause the Vendor Inventory Financing Administrator to provide Vendor Inventory Financing on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent Co- Agents and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Good Guys Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are is subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Credit Agreement (Caraustar Industries Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied or waived in a manner satisfactory to the Agent and each LenderCo-Agents:

Appears in 1 contract

Samples: Credit Agreement (Unova Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, the obligation of the Collateral Agent to cause to be issued or provide L/C Credit Support for any Letter of Credit on the Closing Date, and the obligation of the Agent Lenders to cause the Letter participate in Letters of Credit Issuer to issue issued on the Closing Date, or in L/C Credit Support for any Letter Letters of Credit issued on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner reasonably satisfactory to the Collateral Agent and each Lenderthe Lenders:

Appears in 1 contract

Samples: Loan and Security Agreement (Imation Corp)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:Lender (if and to the extent that such conditions precedent were not previously satisfied in connection with the Original Credit Agreement):

Appears in 1 contract

Samples: Credit Agreement (Imperial Sugar Co /New/)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, Date and the obligation of the Agent to cause the Letter of Credit Issuer to issue be issued or provide credit support for any Letter of Credit on the Closing DateDate and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date or in credit support for any Letters of Credit, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Revlon Consumer Products Corp)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, Date are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Mercury Finance Co)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Revolving Lenders to make any Revolving Loans on the Closing Date and of the Term Lenders to make the initial Revolving Term Loans on the Closing Date, and the obligation of the Agent Agents to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the each Agent and each Lender:.

Appears in 1 contract

Samples: Loan and Security Agreement (Ahern Rentals Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Administrative Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Administrative Agent and each Initial Lender:

Appears in 1 contract

Samples: Security Agreement (Cone Mills Corp)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are Date is subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Fruit of the Loom LTD)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial any Revolving Loans on the Closing Date, and the obligation of the Agent Agents to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the each Agent and each Lender:.

Appears in 1 contract

Samples: Loan and Security Agreement (Ahern Rentals Inc)

Conditions Precedent to Making of Loans on the Closing Date. The obligation of the Lenders to make the initial Revolving Loans on the Closing Date, and the obligation of the Agent to cause the Letter of Credit Issuer to issue any Letter of Credit on the Closing Date and the obligation of the Lenders to participate in Letters of Credit issued on the Closing Date, are subject to the following conditions precedent having been satisfied in a manner satisfactory to the Agent and each Lender:

Appears in 1 contract

Samples: Loan and Security Agreement (Weirton Steel Corp)

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