Common use of Conditions to Initial Borrowing Clause in Contracts

Conditions to Initial Borrowing. The obligations of the Lenders to make Loans and of the Issuing Banks to issue 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 9.02):

Appears in 8 contracts

Samples: Credit Agreement (Seagate Technology Holdings PLC), Credit Agreement (Seagate Technology Holdings PLC), Credit Agreement (Seagate Technology Holdings PLC)

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Conditions to Initial Borrowing. The obligations of the Lenders to make Loans hereunder and of the Issuing Banks to issue Letters of Credit hereunder shall not become effective until are subject to the date on which each satisfaction of the following conditions is satisfied (or waived waiver in accordance with Section 9.029.08(b)):

Appears in 3 contracts

Samples: Revolving Credit Agreement (BrightSphere Investment Group Inc.), Revolving Credit Agreement (OM Asset Management PLC), Revolving Credit Agreement (OM Asset Management PLC)

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Conditions to Initial Borrowing. The obligations of the Lenders (including the Swingline Lender) to make Loans and the obligation of the Issuing Banks Bank to issue Letters any Letter 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 9.02):10.2).

Appears in 2 contracts

Samples: And Term Loan Agreement (Bristow Group Inc), Revolving Credit Agreement (Bristow Group Inc)

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