Common use of Conditions to Initial Borrowing Clause in Contracts

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 3 contracts

Samples: Credit Agreement (Ironwood Pharmaceuticals Inc), First Lien Credit Agreement (WCG Clinical, Inc.), First Lien Credit Agreement (WCG Clinical, Inc.)

AutoNDA by SimpleDocs

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower to, and of each Issuing Bank to issue Letters of Credit hereunder to, the Borrower on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.0110.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 2 contracts

Samples: Credit Agreement (Allegro Microsystems, Inc.), Credit Agreement (Allegro Microsystems, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each the Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfactionsatisfaction prior to (or substantially simultaneously with) the consummation of the Acquisition, or due waiver in accordance with Section 11.01, of only each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 2 contracts

Samples: Credit Agreement (Press Ganey Holdings, Inc.), Credit Agreement (Impax Laboratories Inc)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each the Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfactionsatisfaction prior to (or substantially simultaneously with) the consummation of the Transactions, or due waiver in accordance with Section 11.01, of only each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 2 contracts

Samples: Credit Agreement (Impax Laboratories Inc), Credit Agreement (Impax Laboratories Inc)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.01, 11.01 of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 2 contracts

Samples: Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.), Abl Revolving Credit Agreement (Petco Health & Wellness Company, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder Borrowers on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.0110.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower Borrowers and the Required LendersLead Arrangers:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Domtar CORP)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.0110.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Allegro Microsystems, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower applicable Borrowers and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower Borrowers and the Required Lenders:

Appears in 1 contract

Samples: Credit Agreement (Savers Value Village, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each the Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, satisfaction or due waiver in accordance with Section 11.01, 11.01 of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required LendersAdministrative Agent or as otherwise set forth on Schedule 6.16:

Appears in 1 contract

Samples: First Lien Credit Agreement (Authentic Brands Group Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each the Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfactionsatisfaction prior to (or substantially simultaneously with) the consummation of the Acquisition of, or due waiver in accordance with Section 11.0111.01 of, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required LendersAdministrative Agent or otherwise set forth on Schedule 6.16:

Appears in 1 contract

Samples: First Lien Credit Agreement (Advantage Solutions Inc.)

AutoNDA by SimpleDocs

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfactionsatisfaction prior to (or substantially simultaneously with) the consummation of the Acquisition of, or due waiver in accordance with Section 11.0111.01 of, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required LendersAdministrative Agent or otherwise set forth on Schedule 6.16:

Appears in 1 contract

Samples: Credit Agreement (Advantage Solutions Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to make a Loan hereunder on the Borrower Closing Date and the obligation of each any Issuing Bank to issue issue, extend, increase or renew Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.01, of each satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower Borrowers and the Required LendersAdministrative Agent:

Appears in 1 contract

Samples: Securities Pledge Agreement (Cra International, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.0110.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 1 contract

Samples: First Lien Credit Agreement (Petco Health & Wellness Company, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or due waiver in accordance with Section 11.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 1 contract

Samples: Second Lien Credit Agreement (Mister Car Wash, Inc.)

Conditions to Initial Borrowing. The obligation of each Lender to extend credit to the Borrower and of each Issuing Bank to issue Letters of Credit hereunder on the Closing Date is subject only to the satisfaction, or waiver in accordance with Section 11.01, of each of the following conditions precedent, except as otherwise agreed between the Borrower and the Required Lenders:

Appears in 1 contract

Samples: Credit Agreement (WCG Clinical, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.