Common use of Conditions to Initial Extensions of Credit Clause in Contracts

Conditions to Initial Extensions of Credit. The effectiveness of this Agreement and the obligation of the L/C Issuer and each Lender to make any Loan or an L/C Credit Extension hereunder is subject to the satisfaction, or waiver in accordance with Section 10.5, of the following conditions on or before the Closing Date:

Appears in 6 contracts

Samples: Revolving Credit and Guaranty Agreement (Cit Group Inc), Credit and Guaranty Agreement (Cit Group Inc), Revolving Credit and Guaranty Agreement (Cit Group Inc)

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Conditions to Initial Extensions of Credit. The effectiveness of this Agreement and the obligation of the L/C Issuer and each Lender to make any Loan or an L/C its initial Credit Extension hereunder is subject to the satisfaction, or waiver in accordance with Section 10.5, satisfaction of the following conditions precedent on or before the Closing DateMarch 20, 2012:

Appears in 1 contract

Samples: Credit Agreement (Lifelock, Inc.)

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Conditions to Initial Extensions of Credit. The effectiveness of this Agreement and the obligation of the L/C Issuer and each Lender to make any Loan or an L/C Credit Extension hereunder on the Closing Date is subject to the satisfaction, or waiver in accordance with Section 10.5, of the following conditions on or before the Closing Date:

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Cit Group Inc)

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