Common use of Initial and Subsequent Loans Clause in Contracts

Initial and Subsequent Loans. The obligation of each Lender to make any Loan to be made by it hereunder, and the obligation of the Issuing Bank to issue any Letter of Credit hereunder, is subject to the conditions precedent that, as of the date of such Loan or such issuance, and before and after giving effect thereto:

Appears in 13 contracts

Samples: Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

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Initial and Subsequent Loans. The obligation of each Lender the Banks to make any Loan to be made by it hereunder, and a Borrower upon the obligation occasion of each borrowing hereunder (including the Issuing Bank to issue any Letter of Credit hereunder, initial borrowing) is subject to the further conditions precedent that, as of that both immediately prior to the date making of such Loan or such issuance, and before and also after giving effect theretothereto and to the intended use thereof:

Appears in 5 contracts

Samples: Credit Agreement (American Century California Tax Free & Municipal Funds), Credit Agreement (American Century California Tax Free & Municipal Funds), Credit Agreement (American Century Target Maturities Trust)

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Initial and Subsequent Loans. The obligation of each Lender any Bank to make any Loan to be made by it hereunder, and the obligation of the Issuing Bank to issue any Letter of Credit hereunder, hereunder (including such Bank's initial Loan) is subject to the further conditions precedent that, as of both immediately prior to the date making of such Loan or such issuance, and before and also after giving effect theretothereto and to the intended use thereof:

Appears in 1 contract

Samples: Credit Agreement (Xl Capital LTD)

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