Common use of Initial Funding Conditions Clause in Contracts

Initial Funding Conditions. Notwithstanding anything to the contrary herein, the obligations of the Lenders to make Advances shall not become effective until the date (the "Effective Date"), on which each of the following conditions is satisfied (or waived by the Administrative Agent in its sole discretion):

Appears in 1 contract

Sources: Loan and Security Agreement (Bain Capital Private Credit)

Initial Funding Conditions. Notwithstanding anything to the contrary herein, the obligations of the Lenders to make Advances shall not become effective until the date (the "Effective Date"), if such date occurs on or before February 28, 2021 (unless otherwise agreed by the Administrative Agent and the Company, each it its sole discretion), on which each of the following conditions is satisfied (or waived by the Administrative Agent in its sole discretion):

Appears in 1 contract

Sources: Loan and Security Agreement (Bain Capital Specialty Finance, Inc.)

Initial Funding Conditions. Notwithstanding anything to the contrary herein, the obligations of the Lenders to make Advances shall not become effective until the date (the "β€œEffective Date"”), on which each of the following conditions is satisfied (or waived by the Administrative Agent in its sole discretion):

Appears in 1 contract

Sources: Loan and Security Agreement (Bain Capital Private Credit)