Common use of First Loan Clause in Contracts

First Loan. In addition to the matters described in Section 3.1 hereof, the obligation of any Lender to make the initial Loan on the date thereof (the "Effective Date") is subject to the satisfaction of the following conditions precedent:

First Loan. In addition to the matters described in Section 3.1 hereof, the obligation of any Lender to make the initial Loan on the date thereof (the "“Effective Date"”) is subject to the satisfaction of the following conditions precedent:

First Loan. In addition to the matters described in Section 3.1 hereof, the obligation of any Lender to make the initial Loan or of any Issuer to issue the first Letter of Credit on the date thereof (the "“Effective Date"”) is subject to the satisfaction of the following conditions precedent:

First Loan. In addition to the matters described in Section 3.1 hereof, the obligation of any Lender to make the initial Loan or of any Issuer to issue the first Letter of Credit on the date thereof (the "Effective Date") is subject to the satisfaction of the following conditions precedent: