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

Conditions to the Initial Credit Extensions. The obligation of each L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction or waiver of the following conditions precedent:

Appears in 19 contracts

Samples: Credit Agreement (CBS Radio Inc.), Credit Agreement (Communications Sales & Leasing, Inc.), Credit Agreement (Entercom Communications Corp)

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Conditions to the Initial Credit Extensions. The obligation of each L/C Issuer and each Lender to make its initial Credit Extension hereunder is subject to satisfaction or waiver of the conditions set forth in Section 4.01 and the following conditions precedent:

Appears in 3 contracts

Samples: Credit Agreement (Time Inc.), Credit Agreement (Time Inc.), Credit Agreement (Time Inc.)

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