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

Conditions Precedent to Initial Extension of Credit. The obligations of the Lenders to make Advances and of the Issuing Bank to issue Letters of Credit hereunder became effective on the Original Effective Date, when each of the following conditions were satisfied (or waived in accordance with Section 9.01):

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

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Conditions Precedent to Initial Extension of Credit. The obligations of the Lenders to make Advances and of the Issuing Bank to issue Letters of Credit hereunder became shall not become effective on until the Original first date (the β€œEffective Date, when ”) on which each of the following conditions were shall be satisfied (or waived in accordance with Section 9.01):

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

Conditions Precedent to Initial Extension of Credit. The obligations of the Lenders to make Advances and of the Issuing Bank Banks to issue Letters of Credit hereunder became will become effective on the Original Effective Date, when each of the following conditions were are satisfied (or waived in accordance with Section 9.01):

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

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Conditions Precedent to Initial Extension of Credit. The obligations of the Lenders to make Advances and of the Issuing Bank Banks to issue Letters of Credit hereunder became will become effective on the Original Effective Date, when each of the following conditions were are satisfied (or waived in accordance with Section 9.01):): 58

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

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