Common use of Initial Advances Clause in Contracts

Initial Advances. The obligation of each Closing Date Lender to make the initial Advance to be made by it, and 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 or the issuance of the initial Letter of Credit (as applicable) (unless all of the Closing Date Lenders, in their sole and absolute discretion, shall agree otherwise):

Initial Advances. The Closing Date and the obligation of each Closing Date Lender to make the initial Advance to be made by it, and 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 or waived in writing prior to the making of the initial Advances or the issuance of the initial Letter of Credit (as applicable) (unless all of the Closing Date Lenders, in their sole and absolute discretion, shall agree otherwise):

Initial Advances. The obligation of each Closing Date Lender to make the initial Advance to be made by itit on the Closing Date, and the obligation of the Issuing Lender to issue the initial Letter of Credit (as applicable)Credit, is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances or Advance and the issuance of the initial Letter of Credit (as applicable) (unless all of the Closing Date LendersAdministrative Agent, in their its sole and absolute discretion, shall agree otherwise):

Initial Advances. The obligation of each Closing Date Lender to ---------------- make the initial Advance to be made by it, and 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 or waived in writing prior to the making of the initial Advances or the issuance of the initial Letter of Credit (as applicable) (unless all of the Closing Date Lenders, in their sole and absolute discretion, shall agree otherwise):

Initial Advances. The obligation of each Closing Date Lender to make the initial Advance to be made by it, and 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 or the issuance of the initial Letter of Credit (as applicable) (unless applicable)(unless all of the Closing Date Lenders, in their sole and absolute discretion, shall agree otherwise):