First Credit Event. The obligations of (i) the Lenders to make Loans and (ii) any Issuing Bank to issue Letters of Credit on the Closing Date are subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions on the Closing Date:
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Verso Corp), Credit Agreement (Verso Paper Holdings LLC), Assignment and Acceptance Agreement (Verso Corp)
First Credit Event. The obligations of (i) the Lenders to make Loans and (ii) any Issuing Bank to issue Letters of Credit on the Closing Date are subject to the satisfaction (or waiver in accordance with Section 10.08) of the following conditions on the Closing Date:
Appears in 3 contracts
Samples: Joinder Agreement (Verso Corp), Senior Secured Term Loan Agreement (Verso Corp), Loan Agreement (Verso Paper Holdings LLC)
First Credit Event. The obligations several obligation of (i) the Lenders each Lender to make the Loans requested to be made by it on the Closing Date and (ii) any the several obligation of each Issuing Bank to issue issue, amend, extend or renew Letters of Credit on the Closing Date Date, are subject to satisfaction on the satisfaction (or waiver in accordance with Section 10.08) Closing Date of the following conditions on the Closing Dateprecedent:
Appears in 1 contract
