Common use of Initial and Subsequent Extensions of Credit Clause in Contracts

Initial and Subsequent Extensions of Credit. The obligation of each Lender to make a Loan (including an Incremental Loan), and of each Issuing Lender to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 3 contracts

Samples: Journal Register Co, Credit Agreement (Journal Register Co), Credit Agreement (Journal Register Co)

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Initial and Subsequent Extensions of Credit. The obligation of each Lender to make a Loan (including an Incremental Loan)on the occasion of any Borrowing, and of each Issuing Lender Bank to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions:

Appears in 1 contract

Samples: Credit Agreement (Pathmark Stores Inc)

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