Initial Loans and Letters of Credit. The obligation of each Lender or each Issuer to make its initial Loans or issue or participate in a Letter of Credit (if such Letter of Credit is issued prior to the funding of the initial Loans) hereunder is subject to the following conditions precedent, each of which shall have been fulfilled or waived to the satisfaction of Agent:
Initial Loans and Letters of Credit. 34 5.2 ALL LOANS AND LETTERS OF CREDIT......................................35
Initial Loans and Letters of Credit. The obligations of the Lenders to make the initial Loans and to cause the issuance of the initial Letters of Credit on the Closing Date shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.1 each in form and substance satisfactory to the Agent in its sole discretion, except as the Required Lenders shall otherwise consent.
Initial Loans and Letters of Credit. The obligation of the Lenders to make the initial Loans and to issue, renew, extend or reissue Letters of Credit hereunder is subject to the receipt by the Administrative Agent of all fees payable pursuant to Section 2.04 or otherwise under this Agreement and the following documents and satisfaction of the other conditions provided in this Article VI, each of which shall be satisfactory to the Administrative Agent in form and substance:
Initial Loans and Letters of Credit. Notwithstanding any provision contained in this Agreement to the contrary, none of the Lenders shall have any obligation to make the initial Loan(s) under this Agreement and U.S. Bank shall have no obligation to issue the initial Letter(s) of Credit under this Agreement unless the Agent shall have first received:
Initial Loans and Letters of Credit. The willingness of Lxxxxx to consider making the initial loan and if applicable, issuance of a Letter of Credit at such time, hereunder shall be subject to the condition precedent that Lxxxxx shall have received all of the following, each in form and substance satisfactory to Lender, except as otherwise required to be provided on a post-closing basis in accordance with a post-closing agreement executed by the Borrower in connection herewith:
Initial Loans and Letters of Credit. The execution by the Borrower and Realco of this Agreement shall be a condition precedent to the effectiveness of the Credit Agreement and the obligations of the Lenders to extend credit (by means of Loans and Letters of Credit) thereunder. ARTICLE II
Initial Loans and Letters of Credit. The obligation of each Lender or TCB to make its initial Loans or issue, increase or extend or participate in a Letter of Credit (if such Letter of Credit is issued prior to the funding of the initial Loans) hereunder is subject to the following conditions precedent, each of which shall have been fulfilled or waived to the satisfaction of the Agent:
Initial Loans and Letters of Credit. In addition to the conditions described in Section 3.01 hereof, the obligation of Lender to make the initial Loans and issue the initial Letter of Credit hereunder is subject to the receipt by Lender of each of the following, in Proper Form:
Initial Loans and Letters of Credit. The obligation of each Lender ----------------------------------- or each Issuer to make its initial Loans or issue or participate in a Letter of Credit (if such Letter of Credit is issued prior to the funding of the initial Loans) hereunder is subject to the following conditions precedent, each of which shall have been fulfilled or waived to the satisfaction of the Majority Lenders:
