Common use of Initial Funding Clause in Contracts

Initial Funding. The obligations of the Lenders to make ---------------- their Loans under the Initial Funding shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 13.02):

Appears in 5 contracts

Samples: Credit Agreement (Crested Corp), Credit Agreement (Us Energy Corp), Credit Agreement (Crested Corp)

AutoNDA by SimpleDocs

Initial Funding. The obligations of the Lenders to make ---------------- their Loans under the Initial Funding shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 13.02):

Appears in 4 contracts

Samples: Credit Agreement (CrossPoint Energy CO), Credit Agreement (Petro Resources Corp), Credit Agreement (Dune Energy Inc)

Initial Funding. The obligations of the Lenders Lender to make ---------------- their Loans under the Initial Funding shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 13.02):are satisfied.

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

AutoNDA by SimpleDocs

Initial Funding. The obligations of the Lenders Lender to make ---------------- their Loans under the Initial Funding shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 13.02):are satisfied.

Appears in 1 contract

Samples: Credit Agreement (Us Energy Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.