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 Loans to the Borrower on the DIP Closing Date are subject to the satisfaction or waiver in accordance with Section 9.08 of the following conditions:

Appears in 2 contracts

Samples: Senior Secured Term Loan Agreement (Hexion Inc.), Possession Term Loan Agreement (Momentive Performance Materials Inc.)

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Conditions Precedent to Initial Extension of Credit. The obligations obligation of the Lenders each Lender to make Loans advances to the Borrower Borrowers on the DIP Closing Date are is subject to the satisfaction or waiver in accordance with Section 9.08 of the following conditionsconditions precedent:

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (HMH Holdings (Delaware), Inc.), Credit Agreement (HMH Holdings (Delaware), Inc.)

Conditions Precedent to Initial Extension of Credit. The obligations obligation of the Lenders to make Loans and of the Issuing Bank to the Borrower issue Letters of Credit hereunder on the DIP Closing Date are is subject to the satisfaction or waiver in accordance with Section 9.08 of the following conditionsconditions precedent:

Appears in 1 contract

Samples: Revolving Credit Agreement (HMH Holdings (Delaware), Inc.)

Conditions Precedent to Initial Extension of Credit. The obligations obligation of the Lenders to provide the Commitments, and to make Loans Loans, and of the Issuing Bank to the Borrower issue Letters of Credit (other than any Existing Letters of Credit) hereunder on the DIP Closing Date are is subject to the satisfaction or waiver in accordance with Section 9.08 of the following conditionsconditions precedent:

Appears in 1 contract

Samples: Security Agreement (Houghton Mifflin Harcourt Co)

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Conditions Precedent to Initial Extension of Credit. The obligations obligation of the Lenders to make Loans and of the Issuing Bank to the Borrower issue Letters of Credit (other than an Existing Letter of Credit) hereunder on the DIP Closing Date are is subject to the satisfaction or waiver in accordance with Section 9.08 of the following conditionsconditions precedent:

Appears in 1 contract

Samples: Revolving Credit Agreement (Houghton Mifflin Harcourt Co)

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