Common use of Conditions Precedent to Initial Credit Events Clause in Contracts

Conditions Precedent to Initial Credit Events. The --------------------------------------------- obligation of each Bank to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue each Letter of Credit hereunder, is subject, at the time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions:

Conditions Precedent to Initial Credit Events. The --------------------------------------------- obligation of each Bank Lender to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue each Letter of Credit hereunder, in either case on the Effective Date, is subject, at the time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions:

Conditions Precedent to Initial Credit Events. The --------------------------------------------- obligation of each Bank to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue each Letter of Credit hereunder, in each case on the Initial Borrowing Date, is subject, subject at the time of the making of such Loans Loan or the issuance of such Letters Letter of Credit Credit, as the case may be, to the satisfaction of the following conditions: