Common use of Documentary Conditions Precedent Clause in Contracts

Documentary Conditions Precedent. The obligations of the Banks to make the Loans constituting the initial borrowing and of the Issuing Bank to issue the initial Letter of Credit are subject to the condition precedent that the Administrative Agent shall have received on or before the Closing Date each of the following, in form and substance satisfactory to the Administrative Agent and its counsel:

Appears in 1 contract

Samples: Credit Agreement (Multicare Companies Inc)

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Documentary Conditions Precedent. The obligations of the Banks to make the Loans constituting the initial borrowing and of the Issuing Bank to issue the initial Letter of Credit are subject to the condition precedent that the Administrative Agent shall have received on or before the Closing Date date of such Loans each of the following, in form and substance satisfactory to the Administrative Agent and its counsel:

Appears in 1 contract

Samples: Term Loan Agreement (Ivc Industries Inc)

Documentary Conditions Precedent. The obligations of the Banks to make the Loans constituting the initial borrowing and of the Issuing Bank to issue the initial Letter of Credit Borrowing are subject to the condition precedent that the Administrative Agent Co-Agents and the Banks shall have received on or before the Closing Date date of such Loans each of the following, in form and substance reasonably satisfactory to the Administrative Agent and its counsel:

Appears in 1 contract

Samples: Credit Agreement (Nfo Worldwide Inc)

Documentary Conditions Precedent. The obligations of the Banks to make the Loans constituting or the initial borrowing and obligation of the Issuing Bank to issue the initial any Letter of Credit constituting the initial borrowing are subject to the condition precedent that the Administrative Agent shall have received on or before the Closing Date date of such Loans or such issuance of any Letter of Credit each of the following, in form and substance satisfactory to the Administrative Agent and its counsel:

Appears in 1 contract

Samples: Credit Agreement (Amscan Holdings Inc)

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Documentary Conditions Precedent. The obligations of the Banks to make the Loans constituting and the initial borrowing and obligations of the Issuing Bank Banks to issue the initial any Letter of Credit are subject to the condition precedent that the Administrative Agent shall have received on or before the Closing Date date of such Loans or the issuance of such Letters of Credit each of the following, in form and substance satisfactory to the Administrative Agent and its counsel:

Appears in 1 contract

Samples: Credit Agreement (Daka International Inc)

Documentary Conditions Precedent. The obligations of the Banks to make the Loans constituting the initial borrowing Borrowing and of the Issuing Fronting Bank to issue the initial Letter Letters of Credit are subject to the condition precedent that the Administrative Agent shall have received on or before the Closing Date date of such Loans each of the following, in form and substance satisfactory to the Administrative Agent and its counsel:

Appears in 1 contract

Samples: Credit Agreement (Cannondale Corp /)

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