Common use of Initial Conditions Precedent Clause in Contracts

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 3 contracts

Samples: Credit Agreement (Netflix Inc), Credit Agreement (American Commercial Lines Inc.), Guaranty Agreement (American Commercial Lines Inc.)

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Initial Conditions Precedent. The obligations of the applicable Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 3 contracts

Samples: Assignment Agreement (Flextronics International LTD), Assignment Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing and of Issuing Bank to issue the initial Letter of Credit are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each LenderAgent, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Lam Research Corp)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Revolving Loan Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, for the Administrative Agent and each Lenderbenefit of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Genius Products Inc), Credit Agreement (Genius Products Inc)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction or waiver of the conditions set forth on Schedule 3.01 and receipt (or waiver of receipt) by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Credit Agreement (Valueclick Inc/Ca), Credit Agreement (Valueclick Inc/Ca)

Initial Conditions Precedent. The obligations of the applicable Lenders to make the Loans comprising and of Issuing Bank to issue the initial Borrowing Letter of Credit are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

Initial Conditions Precedent. The obligations of the applicable Lenders to make the Loans comprising the initial Borrowing and of Issuing Bank to issue the initial Letter of Credit are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 2 contracts

Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative AgentAgent (with sufficient copies for Administrative Agent and each Lender), on or prior to the Closing Date, of each item listed in Schedule 3.1 and the other conditions set forth on Schedule 3.013.1 have been satisfied, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Veritas Software Corp /De/)

Initial Conditions Precedent. The obligations of the Lenders to ---------------------------- make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in ------------- form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender. Agent shall notify Borrower and Lenders upon Agent's receipt of such items.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Initial Conditions Precedent. The obligations of the applicable Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.listed

Appears in 1 contract

Samples: Credit Agreement (Flextronics International LTD)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans loans comprising the initial Borrowing borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agentagent, on or prior to the Closing Date, of each item listed on Schedule in SCHEDULE 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Adac Laboratories)

Initial Conditions Precedent. The obligations of the Lenders ---------------------------- to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, ------------- each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender. Agent shall notify Borrower and Lenders upon Agent's receipt of such items.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Novellus Systems Inc)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction or waiver of the conditions set forth on Schedule 3.01 and receipt (or waiver of receipt) by the Administrative Agent, on or prior to the Closing Second Restatement Effective Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Valueclick Inc/Ca)

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Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Adobe Systems Inc)

Initial Conditions Precedent. The obligations of the Lenders to make the Revolving Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, ------------- each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender. Agent shall notify Borrower and Lenders upon Agent's receipt of such items.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing Borrowings are subject to the satisfaction or waiver of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, for the Administrative Agent and and, where noted, each Lender.

Appears in 1 contract

Samples: Credit Agreement (Smile Brands Group Inc.)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on in Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Silicon Valley Group Inc)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule in SCHEDULE 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Adac Laboratories)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction or waiver of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Monarch Casino & Resort Inc)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule 3.01, each in form and substance reasonably satisfactory to the Administrative Agent and each Lender, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Shuffle Master Inc)

Initial Conditions Precedent. The obligations of the Lenders to make the Loans comprising the initial Borrowing and of Issuing Bank to issue the initial Letter of Credit are subject to the satisfaction of the conditions set forth on Schedule 3.01 and receipt by the Administrative Agent, on or prior to the Closing Date, of each item listed on Schedule in SCHEDULE 3.01, each in form and substance satisfactory to the Administrative Agent and each LenderAgent, and with sufficient copies for, the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit Agreement (Lam Research Corp)

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