Common use of Conditions to Initial Loans Clause in Contracts

Conditions to Initial Loans. The obligation of the Lender to make any Loans on the Closing Date and to issue any Letter of Credit on the Closing Date is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or issuance of such Letter of Credit, of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.2:

Appears in 4 contracts

Samples: Credit Agreement (Analex Corp), Credit Agreement (Analex Corp), Credit Agreement (Hadron Inc)

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Conditions to Initial Loans. The obligation of the each Lender to make any Loans on the Closing Date and to issue any Letter of Credit on the Closing Date is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or issuance of such Letter of CreditLoan, of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.24.02 hereof:

Appears in 3 contracts

Samples: Revolving Credit Agreement (Foster Wheeler Corp), Credit Agreement (Foster Wheeler Corp), Revolving Credit Agreement (Barnes Group Inc)

Conditions to Initial Loans. The obligation of the each Lender to make any its Loans on the Closing Date and to issue any Letter of Credit on the Closing Date is were subject to the satisfaction, or waiver by such Lender, immediately prior to or concurrently with the making of such Loan or issuance of such Letter of Credit, Loans of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.2conditions:

Appears in 2 contracts

Samples: Collateral Agreement (Stratus Technologies Bermuda Holdings Ltd.), Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.)

Conditions to Initial Loans. The obligation of the each Lender to make any Loans on the Closing Date and of the Issuing Bank to issue any Letter of Credit on the Closing Date is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or the issuance of such Letter of Credit, of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.25.2 hereof:

Appears in 1 contract

Samples: Revolving Credit Agreement (Weis Markets Inc)

Conditions to Initial Loans. The obligation of the each Lender to make any Loans on the Closing Date and to issue any Letter of Credit on the Closing Date is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or issuance of such Letter of CreditLoan, of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.2:4.02 hereof: (a)

Appears in 1 contract

Samples: Pledge Agreement Pledge Agreement (Foster Wheeler Corp)

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Conditions to Initial Loans. The obligation of the each Lender to make any Loans on the Closing Date and to issue any Letter of Credit on the Closing Date is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or issuance of such Letter of CreditLoan, of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.2:4.02 hereof: -60-

Appears in 1 contract

Samples: Term Revolving Credit Agreement (Foster Wheeler Corp)

Conditions to Initial Loans. The obligation of the Lender Bank to make any Revolving Credit Loans on the Closing Date and to issue any Letter of Credit on the Closing Date is subject to the satisfaction, immediately prior to or concurrently with the making of such Loan or issuance of such Letter of CreditLoans, of the following conditions precedent, in addition to the conditions precedent set forth in Section 4.24.02 hereof:

Appears in 1 contract

Samples: Credit Agreement (Oakhurst Co Inc)

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