Initial Advances. The obligation of each Lender to make the initial Advance to be made by it or of the Administrative Agent to issue the initial Letters 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):
Appears in 4 contracts
Samples: Unsecured Credit Agreement (BioMed Realty L P), Unsecured Credit Agreement (BioMed Realty Trust Inc), Unsecured Credit Agreement (BioMed Realty L P)
Initial Advances. The obligation of each Lender to make the initial Advance to be made by it or it, and the obligation of the Administrative Agent Issuing Lender to issue the initial Letters Letter of Credit 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):
Appears in 4 contracts
Samples: Reducing Revolving Loan Agreement (American Coin Merchandising Trust Iv), Term Loan Agreement (Safeskin Corp), Revolving Loan Agreement (Power One Inc)
Initial Advances. The obligation of each Lender Bank to make the initial Advance to be made by it or of the Administrative Agent to issue the initial Letters 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 LendersBanks, in their sole and absolute discretion, shall agree otherwise):
Appears in 3 contracts
Samples: Unsecured Credit Agreement (BioMed Realty Trust Inc), Revolving Loan Agreement (BioMed Realty Trust Inc), Unsecured Credit Agreement (BioMed Realty Trust Inc)
Initial Advances. The obligation of each Lender to make the initial Advance to be made by it or it, and the obligation of the Administrative Agent Issuing Lender to issue the initial Letters Letter of Credit 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):
Appears in 2 contracts
Samples: Loan Agreement (Mohegan Tribal Gaming Authority), Loan Agreement (Mohegan Tribal Gaming Authority)
Initial Advances. The obligation of each Lender to make the initial ---------------- Advance to be made by it or it, and the obligation of the Administrative Agent Issuing Lender to issue the initial Letters Letter of Credit 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):
Appears in 2 contracts
Samples: Loan Agreement (Mohegan Tribal Gaming Authority), Loan Agreement (Mohegan Tribal Gaming Authority)
Initial Advances. The obligation of each Lender to make the ---------------- initial Advance to be made by it or it, and the obligation of the Administrative Agent Issuing Lender to issue the initial Letters Letter of Credit 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):
Appears in 1 contract
Initial Advances. The obligation of each Lender Bank to make the initial Advance to be made by it or it, and the obligation of the Administrative Agent Issuing Bank to issue the initial Letters Letter of Credit 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 LendersMajority Banks, in their sole and absolute discretion, shall agree otherwise):
Appears in 1 contract
Initial Advances. The obligation of each Lender to make the initial Advance to be made by it or it, and the obligation of the Administrative Agent Fronting Lender to issue the initial Letters Letter of Credit 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):
Appears in 1 contract
Samples: Revolving Loan Agreement (Usec Inc)
