Initial Credit Extension definition

Initial Credit Extension as defined in Section 3.1.
Initial Credit Extension means the Credit Extension to occur on the Closing Date.
Initial Credit Extension means the Credit Extension occurring following the satisfaction of the conditions set forth in Section 4.01.

Examples of Initial Credit Extension in a sentence

  • ARTICLE IV CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions of Initial Credit Extension.

  • CONDITIONS OF LOANS 3.1 Conditions Precedent to Initial Credit Extension.

  • CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 4.01 Conditions of Initial Credit Extension.

  • The Borrowing Base shall be initially computed on the date of the Initial Credit Extension hereunder.

  • CONDITIONS OF CREDIT EXTENSIONS 3.1 Conditions Precedent to Initial Credit Extension.


More Definitions of Initial Credit Extension

Initial Credit Extension means the first Credit Extension made pursuant to this Agreement.
Initial Credit Extension is defined in Section 5.1.
Initial Credit Extension means that portion of the initial Credit Extension under the Facilities which (a) is necessary for the Borrower and its Subsidiaries to consummate the Transactions and to repay in full all outstanding obligations under the Prior Credit Agreement and (b) shall be advanced on the Closing Date concurrent with the consummation of the Transactions and the repayment of the outstanding obligations under the Prior Credit Agreement.
Initial Credit Extension means the date of the initial Borrowing hereunder.
Initial Credit Extension means, on the Closing Date, with respect to each Borrower, the exchange of certain preferred units issued by such Borrower for Initial Loans of such Borrower in Dollars pursuant to the Merger Agreement applicable to such Borrower and otherwise in accordance with Section 2.01(a)(i).
Initial Credit Extension means the funding of the Term Loan.
Initial Credit Extension means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.