Common use of Conditions of Lending Clause in Contracts

Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 14 contracts

Samples: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Southwest Royalties Inc), Credit Agreement (Exco Resources Inc)

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Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Revolving Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 8 contracts

Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 6 contracts

Samples: Credit Agreement (Approach Resources Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Approach Resources Inc)

Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Revolving Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 5 contracts

Samples: Credit Agreement (Continental Crude Co), Credit Agreement (Continental Resources Inc), Loan Agreement (Gothic Energy Corp)

Conditions of Lending. (a) The effectiveness of this Agreement, Agreement and the obligation of the Banks to make the initial Advance or issue any initial Letter of Credit under the Revolving Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 4 contracts

Samples: Loan Agreement (Clayton Williams Energy Inc /De), Loan Agreement (Clayton Williams Energy Inc /De), Loan Agreement (Clayton Williams Energy Inc /De)

Conditions of Lending. (a) 11.1 The effectiveness of this Agreement, and the obligation to make the Term Loan or the initial Advance or issue any initial Letter of Credit under the Revolving Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 2 contracts

Samples: Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc)

Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance under the Revolving Commitment or issue any the initial issuance (or deemed issuance) of a Letter of Credit under the Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

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Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or to issue any the initial Letter of Credit under the Revolving Commitment or to make the initial extension of credit under the Hedging Guidance Line shall be subject to the satisfaction (or waiver by the Banks) of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Commitment shall be subject to satisfaction of the following conditions precedent:: (i)

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp /De/)

Conditions of Lending. (a) a)......The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Commitment shall be subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

Conditions of Lending. (a) The effectiveness of this Agreement, and the obligation to make the initial Advance or issue any initial Letter of Credit under the Revolving Commitment or make the initial Advance under the Bridge Loan shall be subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Samples: Loan Agreement (Gothic Energy Corp)

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