Initial Advances, Etc. The obligation of each Lender to make the initial Advance to be made by it is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):
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Samples: Loan Agreement (Station Casinos Inc), Loan Agreement (Station Casinos Inc), Reducing Revolving Loan Agreement (Station Casinos Inc)
Initial Advances, Etc. The obligation of each Lender to make the initial Advance to be made by it is are each subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):
Appears in 2 contracts
Samples: Term Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)
Initial Advances, Etc. The obligation of each Lender to make the initial Advance to be made by it it, or the obligation of the Issuing Lender to issue the initial Letter of Credit (as applicable), is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):
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Initial Advances, Etc. The obligation of each Lender to make the initial Advance to be made by it it, and the obligation of the Issuing Lender to issue the initial Letter of Credit, is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):
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