Conditions to Initial Advances Sample Clauses

Conditions to Initial Advances. The obligations of the Lenders (including the Swingline Lender) to make Loans and the obligation of the Issuing Banks to issue any Letters 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 10.2):
Conditions to Initial Advances. Lenders shall not be required to make the initial Advances or otherwise extend credit to Borrowers hereunder, until the date that each of the following conditions precedent have been satisfied or waived in a manner and pursuant to documentation satisfactory to Agent in its sole discretion (the first date all such conditions having been satisfied being herein called the “Closing Date”):
Conditions to Initial Advances. The agreement of Agent and the Lenders hereunder is subject to the satisfaction, or waiver by Agent of the following conditions precedent:
Conditions to Initial Advances. The obligation of each Bank to make the initial Advance hereunder is subject to the condition that the Operating Agent shall have received on or before the first borrowing date all of the following, in form and substance satisfactory to the Operating Agent, its counsel and the Banks and in sufficient copies for each Bank:
Conditions to Initial Advances. All of the conditions in Section 11.1 have been and remain satisfied.
Conditions to Initial Advances. The obligations of the Lenders to, on and after the Closing Date, continue advances outstanding under the Existing Credit Agreement as Advances hereunder, make the initial Advances hereunder and receive through the Agent the initial Competitive Bid Request and the initial Notice of Conversion/Continuation, and the obligation of the Issuing Lender to, on and after the Closing Date, continue any letter of credit outstanding under the Existing Credit Agreement as a Letter of Credit hereunder and issue any Letter of Credit hereunder, are subject to the following conditions precedent, each of which shall be satisfied prior to or on the Closing Date: