Common use of Initial Conditions Clause in Contracts

Initial Conditions. Lenders' obligation to extend credit hereunder is subject to the Conditions Precedent that Agent shall have received (or agreed in writing to waive or defer receipt of) all of the following, each duly executed, dated and delivered as of the Closing Date, in form and substance satisfactory to Agent and its counsel: (a) Revolving Credit Notes, the Term Notes, and Loan Documents. The Revolving Credit Notes, the Term Notes, and all other Loan Documents.

Initial Conditions. Lenders' obligation to extend credit hereunder is subject to the Conditions Precedent that Agent shall have received (or agreed in writing to waive or defer receipt of) all of the following, each duly executed, dated and delivered as of the Closing Date, in form and substance satisfactory to Agent and its counsel: (a) Revolving Credit Notes, the Term Notes, and Loan Documents. The Revolving Credit Notes, the Term Notes, and all other Loan Documents.