Conditions to Exit Facilities Option Sample Clauses

Conditions to Exit Facilities Option. The agreement of each Lender to extend the maturity of the Facilities beyond the second anniversary of the Closing Date is subject to the satisfaction, or waiver in accordance with Section 11.1, of the following conditions on or before the second anniversary of the Closing Date:
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Conditions to Exit Facilities Option. On and after the Exit Facilities Conversion Date, the obligations of each Lender to continue to make or hold Loans (or of any Issuing Bank to issue any Letter of Credit on and after the Exit Facilities Conversion Date) and to extend the maturity thereof beyond the first anniversary of the Closing Date, as respectively set forth in the definitions of “Revolving Maturity Date” are subject to the satisfaction, or waiver in accordance with Section 11.02, of the following conditions on or before the Exit Facilities Conversion Date:
Sample 1
Conditions to Exit Facilities Option. On and after the Exit Facilities Conversion Date, the obligations of each Lender to continue to make or hold Loans (or of Administrative Agent to cause Issuing Bank to issue any Letter of Credit on and after the Exit Facilities Conversion Date) and to extend the maturity thereof, as respectively set forth in the definitions of “Revolving Commitment Termination Date”, “LC Commitment Termination Date” and “Term Loan Commitment Termination Date” are subject to the satisfaction, or waiver in accordance with Section 10.5, of the following conditions on or before the Exit Facilities Conversion Date:
Sample 1

Related to Conditions to Exit Facilities Option

  • CONDITIONS TO LOANS The obligations of Lenders to make Loans are subject to satisfaction of all of the applicable conditions set forth below.

  • Conditions to Loan Section 3.1 Conditions to Funding of the Loan on the Closing Date......................................... 33

  • Conditions to Issuance No Letter of Credit shall be issued at the request and for the account of any Account Party(ies) unless, as of the date of issuance of such Letter of Credit:

  • Conditions to Obligations to Close The obligations of Purchaser to consummate the transactions contemplated herein shall be subject to the fulfillment of the following conditions (“Purchaser’s Conditions”), any of which may be waived by Purchaser in its sole and absolute discretion:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Conditions to Funding The obligations of the Lenders to make any Credit Extension hereunder on the Funding Date are subject to the satisfaction of the following conditions:

  • Conditions to Obligation of the Buyer The obligation of the Buyer to consummate the transactions to be performed by it in connection with the Closing is subject to satisfaction of the following conditions:

  • Conditions to Obligation of Each Party to Effect the Merger. The respective obligations of each party to effect the Merger shall be subject to the satisfaction at or prior to the Effective Time of the following conditions:

  • Conditions to Obligation of Buyer The obligation of Buyer to consummate the Closing is subject to the satisfaction of the following further conditions:

  • Conditions to Obligation of the Company The obligation of the Company to effect the Merger is also subject to the satisfaction or waiver by the Company at or prior to the Effective Time of the following conditions:

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