Initial Advances, Etc. The obligation of each Bank to make the initial Advance to be made by it and of the Issuing Bank(s) to issue the initial Letter of Credit are subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 3 contracts
Samples: Revolving Loan Agreement (Kb Home), Revolving Credit Agreement (WCI Communities, Inc.), Revolving Loan Agreement (Kb Home)
Initial Advances, Etc. The obligation of each Bank to make the initial Advance to be made by it and of the Issuing Bank(s) Bank to issue the initial Letter of Credit are subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 2 contracts
Samples: Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home)
Initial Advances, Etc. The obligation of each Bank to make the initial Advance to be made by it and of the Issuing Bank(s) to issue the initial Letter of Credit are 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 Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 2 contracts
Samples: Bridge Loan Agreement (Kaufman & Broad Home Corp), Supplemental Reducing Revolving Loan Agreement (Aztar Corp)
Initial Advances, Etc. The obligation of each Bank to make the initial Advance to be made by it and it, or the obligation of the Issuing Bank(s) Bank to issue the initial Letter of Credit are (as applicable), is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances or issuance of the initial Letter of Credit (unless all of the Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 1 contract
Samples: Loan Agreement (Mirage Resorts Inc)
Initial Advances, Etc. The obligation of each Bank to make the ---------------------- initial Advance to be made by it and it, or the obligation of the Issuing Bank(s) Bank to issue the initial Letter of Credit are (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 Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 1 contract
Initial Advances, Etc. The obligation of each Bank to make the initial Advance to be made by it and of the Issuing Bank(s) to issue the initial Letter of Credit are 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 Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 1 contract
Samples: Term Loan Agreement (Kb Home)