Common use of Effectiveness of Commitments Clause in Contracts

Effectiveness of Commitments. The obligations of each Lender to make any Loan hereunder or of any Issuing Bank to issue any Letters of Credit shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.08 hereof):

Appears in 2 contracts

Samples: Revolving Credit Agreement (Covalence Specialty Adhesives LLC), Credit Agreement (MPM Silicones, LLC)

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Effectiveness of Commitments. The Notwithstanding Section 4.01, the obligations of each Lender the Lenders to make any Loan hereunder or Loans and of any the Issuing Bank Banks to issue any Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.08 hereof9.02):

Appears in 1 contract

Samples: Credit Agreement (Convergys Corp)

Effectiveness of Commitments. The obligations of each Lender the Lenders to make any Loan hereunder or Revolving Loans to the Borrower and of any the Issuing Bank Banks to issue any Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.08 hereof9.02):

Appears in 1 contract

Samples: Credit Agreement (Arch Chemicals Inc)

Effectiveness of Commitments. The obligations of each Lender the Lenders to make any Loan hereunder or Revolving Loans to the Borrower and of any the Issuing Bank to issue any Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.08 hereof9.02):

Appears in 1 contract

Samples: Revolving Credit Agreement (Arch Chemicals Inc)

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Effectiveness of Commitments. The obligations of each Lender the Lenders to make any Loan hereunder or Revolving Loans to the Borrower and of any the Issuing Bank to issue any Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.08 hereof):9.02:

Appears in 1 contract

Samples: Credit Agreement Execution (Arch Chemicals Inc)

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