Effectiveness and Initial Advance. This Agreement shall become effective, each Lender shall be obligated to make the initial advance hereunder, and Huntington shall be required to issue Letters of Credit only after the Administrative Agent shall have received from the Company each of the following items in form and substance satisfactory to the Administrative Agent:
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Samples: Credit Agreement (Dominion Homes Inc), Credit Agreement (Dominion Homes Inc)
Effectiveness and Initial Advance. This Agreement shall become effective, each Lender the Banks shall be obligated to make the initial advance hereunder, and Huntington shall be required to issue Letters of Credit only after the Administrative Agent shall have received from the Company each of the following items in form and substance satisfactory to the Administrative Agent:
Appears in 1 contract
Samples: Loan Agreement (Dominion Homes Inc)
Effectiveness and Initial Advance. 2.2 This Agreement shall become effective, each Lender shall be obligated to make the initial advance hereunder, and Huntington shall be required to issue Letters of Credit only after the Administrative Agent shall have received from the Company each of the following items in form and substance satisfactory to the Administrative Agent:
Appears in 1 contract
