Conditions to Closing and Initial Extensions of Credit Sample Clauses

Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders to close this Agreement and to make the initial Loan or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions:
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Conditions to Closing and Initial Extensions of Credit. The obligations of the Lenders to make the initial Extensions of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 11.2).
Conditions to Closing and Initial Extensions of Credit. This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:
Conditions to Closing and Initial Extensions of Credit. This Agreement shall become effective upon the satisfaction of the following conditions precedent (it being understood and agreed that delivery by a Lender of an executed signature page to this Agreement shall constitute its agreement that the following conditions precedent have been satisfied):
Conditions to Closing and Initial Extensions of Credit. The amendment and restatement of the Existing Credit Agreement and the continuation of the Loans and Letters of Credit hereunder, if any, are subject to the satisfaction of each of the following conditions (or waiver in accordance with Section 12.2):
Conditions to Closing and Initial Extensions of Credit. The First Amendment shall become effective on the date on which each of the following conditions shall have been satisfied as determined by the Agent:
Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders and the Issuing Bank to close the Related Transactions and to provide the Credit Facility on the terms and conditions of this Agreement and the effectiveness of this Agreement are subject to the satisfaction (or waiver by each of the Lenders and the Issuing Bank) of each of the following conditions:
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Related to Conditions to Closing and Initial Extensions of Credit

  • Conditions to All Extensions of Credit The obligation of each Lender to make any Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent on the date of making such Extension of Credit:

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