Common use of Initial Loan Clause in Contracts

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (b) any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 4 contracts

Sources: Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Forest Oil Corp)

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (b) for any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 2 contracts

Sources: u.s. Revolving Credit Agreement (Brown Tom Inc /De), Credit Agreement (Brown Tom Inc /De)

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (b) for any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 1 contract

Sources: Canadian Revolving Credit Agreement (Brown Tom Inc /De)

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (b) any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 1 contract

Sources: Credit Agreement (Lone Pine Resources Inc.)

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (b) participate in any Letters of Credit or for any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 1 contract

Sources: Credit Agreement (Quicksilver Resources Inc)

Initial Loan. The obligations of (au) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (bv) any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 1 contract

Sources: Credit Agreement (Storm Cat Energy CORP)

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers' Acceptances) or (b) for any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 1 contract

Sources: Revolving Credit Agreement (Brown Tom Inc /De)

Initial Loan. The obligations of (a) the Lenders to make Loans (including making BA Loans and accepting Bankers’ Acceptances) or (b) participate in any Letters of Credit or for any Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 10.2):

Appears in 1 contract

Sources: Credit Agreement (Quicksilver Resources Inc)