Conditions Precedent to First Drawdown Sample Clauses

Conditions Precedent to First Drawdown. The obligation of each Lender to make the relevant portion of its Loan available in connection with the first drawdown is, in addition to the conditions precedent set forth in Section 3.02, subject to the satisfaction, prior to or concurrently with the making of such drawdown, of each of the following conditions precedent:
AutoNDA by SimpleDocs
Conditions Precedent to First Drawdown. The obligation of the Lenders to advance the first Drawdown of the Facility is subject to the condition precedent that the Agent shall have received on or before the Drawdown Date of the proposed first Drawdown all of the following in form and substance satisfactory to the Agent and the Agent's counsel (in each case, acting reasonably):
Conditions Precedent to First Drawdown. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request any Drawdown under any of the Credit Facilities unless the conditions set out in Section 9.2 with respect to such Drawdown have been satisfied (or waived by the Required Lenders pursuant to Section 9.3) and the Lenders shall not be obliged to make the first Drawdown under any Credit Facility until the Administration Agent has confirmed to the Borrower and the Lenders that the Administration Agent has received (or the Required Lenders have waived receipt pursuant to Section 9.3) on or before the date the first Drawdown is requested all of the following in form and substance satisfactory to the Administration Agent, acting reasonably:
Conditions Precedent to First Drawdown. The obligations of each Lender under this Agreement (including to make the first advance under the Credit Facility) are subject to and conditional upon the prior satisfaction of the following conditions precedent:
Conditions Precedent to First Drawdown. On or before the date of the first Drawdown of the Credit Facilities hereunder (including, if applicable, the Sole Drawdown of the Term Loan Facility), the following conditions shall be satisfied:
Conditions Precedent to First Drawdown. The obligations of the Bank pursuant to this Letter of Offer are subject to, and each Borrower agrees not to request the first drawdown until, the Bank has received every item listed in this clause 3.3 (“Conditions precedent to first drawdown”), each in form and substance satisfactory to the Bank:
Conditions Precedent to First Drawdown. The obligations of the Lender pursuant to this Agreement are subject to, and each Borrower agrees not to request the first drawdown until, the Lender has received every item listed in this clause 3.3, each in form and substance satisfactory to the Lender:
AutoNDA by SimpleDocs
Conditions Precedent to First Drawdown. On or before the Sole Drawdown of the Term Loan A Facility and the first Drawdown under the Revolving Syndicated Facility and the Operating Facility, the following conditions shall be satisfied:
Conditions Precedent to First Drawdown. (1) The loan project has obtained or completed approvals or clearances or filings from or with competent authorities of the state (unless in accordance with relevant stipulations, no approvals, clearances or filings are required to be obtained or completed prior to loan disbursement);
Conditions Precedent to First Drawdown. The Lenders' obligation to provide the first Advance will be subject to and conditional upon the following conditions precedent being met (unless waived in writing by all Lenders) including the receipt, where applicable, by the Agent, for and on behalf of the Lenders, of the following documents each in full force and effect, and in form and substance satisfactory to the Lenders, acting reasonably:
Time is Money Join Law Insider Premium to draft better contracts faster.