Common use of Initial Advance to Each Designated Subsidiary Clause in Contracts

Initial Advance to Each Designated Subsidiary. The obligation of each Lender to make an initial Advance to each Designated Subsidiary following any designation of such Designated Subsidiary as a Borrower hereunder pursuant to Section 9.08 is subject to the receipt by JPMorgan Chase, as Administrative Agent, on or before the date of such initial Advance of each of the following, in form and substance satisfactory to JPMorgan Chase, as Administrative Agent, and dated such date, and in sufficient copies for each Lender:

Appears in 9 contracts

Samples: Credit Agreement (Altria Group, Inc.), Day Revolving Credit Agreement (Kraft Foods Inc), Credit Agreement (Kraft Foods Inc)

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