Common use of Conditions Precedent to the Initial Loans and Letters of Credit Clause in Contracts

Conditions Precedent to the Initial Loans and Letters of Credit. The obligation of each Lender on the Closing Date to make its Revolving Loan requested to be made by it and the agreement of each Issuing Bank on the Closing Date to Issue Letters of Credit, shall be subject to the satisfaction of all of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Hexcel Corp /De/), Credit Agreement (Muehlstein Holding Corp)

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Conditions Precedent to the Initial Loans and Letters of Credit. The obligation of each Lender on the Closing Date to make its Revolving Loan requested by the Borrowers or to be made by it and the agreement incur Letter of each Issuing Bank on the Closing Date to Issue Letters of CreditCredit Obligations, shall be subject to the satisfaction of all of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Barneys New York Inc)

Conditions Precedent to the Initial Loans and Letters of Credit. The obligation of each Lender on the Closing Date to make its Revolving Loan requested to be made by it the Borrowers and the agreement of each the Issuing Bank on the Closing Date to Issue Letters of Credit, shall be subject to the satisfaction of all of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Barneys New York Inc)

Conditions Precedent to the Initial Loans and Letters of Credit. The obligation of each Lender on the Closing Date to make its Revolving any Loan requested to be made by it it, and the agreement obligation of each the Issuing Bank on the Closing Date to Issue Letters issue any Letter of CreditCredit requested to be issued by it, shall be subject to the satisfaction of all of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Dyncorp)

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Conditions Precedent to the Initial Loans and Letters of Credit. The effectiveness of this Agreement, the obligation of each Lender on the Closing Date to make its Revolving the Loan requested to be made by it it, and the agreement of each Issuing Bank on the Closing Date to Issue issue or continue Letters of Credit, shall be subject to the satisfaction of all of the following conditions precedentprecedent on or before the Closing Date:

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

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