Conditions Precedent to Initial Effectiveness Sample Clauses

Conditions Precedent to Initial Effectiveness. The obligation of each Lender to make any Revolving Credit Loan requested to be made by it on any date and the obligations of each Letter of Credit Issuer to issue, extend or increase Letters of Credit shall become effective on the date on which each of the following conditions are satisfied:
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Conditions Precedent to Initial Effectiveness. The obligation of each Lender to make the Loan to be made by it on the Closing Date shall become effective on the date on which each of the following conditions are satisfied:
Conditions Precedent to Initial Effectiveness. This Agreement shall become effective on the date (the “Initial Closing Date”) on which each of the following conditions have been satisfied (or waived in accordance with Section 12.1):

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