Conditions to All Extensions of Credit. The obligation of each Bank to make Loans and of each Issuing Bank to issue Letters of Credit (which shall include the initial Loan to be made by it hereunder but shall not include any Loan made pursuant to subsection 2.20(e)(ii) or (iii) if, after the making of such Loan and the application of the proceeds thereof, the aggregate outstanding principal amount of the Committed Rate Loans would not be increased) to be made by it hereunder on any Borrowing Date is subject to the satisfaction of the following conditions precedent:
Appears in 11 contracts
Samples: Credit Agreement (Deere John Capital Corp), Credit Agreement (Deere & Co), Credit Agreement (Deere & Co)
Conditions to All Extensions of Credit. The obligation or -------------------------------------- agreement of each Bank Lender to make Loans and of each Issuing Bank any Loan or to issue Letters any Letter of Credit (which shall include the initial Loan requested to be made or issued by it hereunder but shall not include on any Loan made pursuant date (including, without limitation, its initial extension of credit under this Agreement) is subject to subsection 2.20(e)(ii) the satisfaction, immediately prior to or (iii) if, after concurrently with the making of such Loan and Loans or the application issuing of the proceeds thereofsuch Letters of Credit, the aggregate outstanding principal amount of the Committed Rate Loans would not be increased) to be made by it hereunder on any Borrowing Date is subject to the satisfaction of the following conditions precedent:
Appears in 3 contracts
Samples: Credit Agreement (Radio One Inc), Credit Agreement (Radio One Inc), Credit Agreement (Radio One Inc)
Conditions to All Extensions of Credit. The obligation of each Bank to make Loans and of each the Issuing Bank to issue Letters of Credit (which shall include the initial Loan to be made by it hereunder but shall not include any Loan made pursuant to subsection 2.20(e)(ii) or (iii) if, after the making of such Loan and the application of the proceeds thereof, the aggregate outstanding principal amount of the Committed Rate Loans would not be increased) to be made by it hereunder on any Borrowing Date is subject to the satisfaction of the following conditions precedent:
Appears in 2 contracts
Samples: Credit Agreement (Deere & Co), Credit Agreement (Deere & Co)
