Conditions Precedent to Borrowing definition

Conditions Precedent to Borrowing. Only the conditions precedent on Exhibit D to the Commitment Letter, subject in each case to the Funds Certain Provisions.
Conditions Precedent to Borrowing. The conditions set forth in Section 5 of the Commitment Letter and in Exhibit B to the Commitment Letter.
Conditions Precedent to Borrowing. Substantially as provided for in the Existing Credit Agreement. The borrowing under the Senior Facilities will also be subject to the conditions precedent set forth in Exhibit D to the Commitment Letter.

Examples of Conditions Precedent to Borrowing in a sentence

  • Conditions Precedent to Borrowing................................

  • Conditions Precedent to Borrowing..................................................................

  • Conditions Precedent to Borrowing......................................................

  • The conditions set forth in section 6.1 (Conditions Precedent to Borrowing) are inserted for the sole benefit of EDC and may be waived by EDC in whole or in part (with or without terms or conditions), in respect of any Loan without prejudicing the right of EDC at any time to rely on such conditions in respect of any subsequent Loan.

  • Conditions Precedent to Borrowing on the Closing Date 37 Section 3.03.

  • Conditions Precedent to Borrowing.................................

  • Conditions Precedent to Borrowing...........................................

  • Conditions Precedent to Borrowing Conditions Precedent to Initial Advance ............

  • Conditions Precedent to Borrowing on the Closing Date 3744 Section 3.03.

  • Section 4.01 All Credit Events 82 Section 4.02 Conditions Precedent to Borrowing on the Closing Date 83 ARTICLE V Affirmative Covenants 86 Section 5.01 Existence; Business and Properties 86 Section 5.02 Insurance 87 Section 5.03 Taxes 88 Section 5.04 Financial Statements, Reports, etc.


More Definitions of Conditions Precedent to Borrowing

Conditions Precedent to Borrowing. Usual for facilities and transactions of this type, including, without limitation, delivery of satisfactory legal opinions, corporate documents and officers’ and public officials’ certifications; second priority perfected security interests in the Collateral (free and clear of all liens, other than liens securing the First Lien Facilities and subject to customary and limited exceptions to be agreed upon); receipt of satisfactory lien and judgment searches; execution of the Guarantees, which shall be in full force and effect; absence of defaults, prepayment events or creation of liens under debt instruments or other agreements; evidence of authority; payment of fees and expenses; evidence of satisfactory insurance; delivery of notice; accuracy of representations and warranties; and absence of defaults. Without limitation of the foregoing, the borrowing under the Second Lien Facility will be subject to the following additional conditions precedent:
Conditions Precedent to Borrowing. Usual for facilities and transactions of this type and others to be reasonably specified by the Agent, including, without limitation, delivery of satisfactory legal opinions, corporate documents and officers’ and public officials’ certifications; execution of the Guarantees, which shall be in full force and effect; evidence of authority; and payment of fees and expenses. The borrowing under the Senior Unsecured Term Facility will also be subject to the applicable conditions precedent set forth in Exhibit D to the Commitment Letter.
Conditions Precedent to Borrowing. Only the conditions precedent on Exhibit D to the Commitment Letter, subject in each case to the Funds Certain Provisions. Representations and The Senior Subordinated Bridge Documentation will contain Warranties: representations and warranties relating to the Borrower and its subsidiaries substantially similar to those contained in the Existing Credit Agreement, with such changes as are appropriate to reflect the bridge loan nature of the Senior Subordinated Bridge Loans (and in any event such representations and warranties shall be no more restrictive to the Borrower and its subsidiaries than those set forth in the Existing Credit Agreement).
Conditions Precedent to Borrowing. Subject to the Incremental Facility Closing Date Conditions Provisions, the initial borrowing of the Term I Loan will be subject only to the applicable conditions precedent set forth in Exhibit B to the Commitment Letter.
Conditions Precedent to Borrowing. As to each Borrower including, but not limited to: