Conditions to Closing and Initial Extensions of Credit Sample Clauses

Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders to close this Agreement and to make the initial Loan or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions:
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Conditions to Closing and Initial Extensions of Credit. The obligations of the Lenders to make the initial Extensions of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 11.2).
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Conditions to Closing and Initial Extensions of Credit. This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:
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Conditions to Closing and Initial Extensions of Credit. This Agreement shall become effective upon the satisfaction of the following conditions precedent (it being understood and agreed that delivery by a Lender of an executed signature page to this Agreement shall constitute its agreement that the following conditions precedent have been satisfied):
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Conditions to Closing and Initial Extensions of Credit. The amendment and restatement of the Existing Credit Agreement and the continuation of the Loans and Letters of Credit hereunder, if any, are subject to the satisfaction of each of the following conditions (or waiver in accordance with Section 12.2):
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Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders and the Issuing Bank to close the Related Transactions and to provide the Credit Facility on the terms and conditions of this Agreement and the effectiveness of this Agreement are subject to the satisfaction (or waiver by each of the Lenders and the Issuing Bank) of each of the following conditions:
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Conditions to Closing and Initial Extensions of Credit. The First Amendment shall become effective on the date on which each of the following conditions shall have been satisfied as determined by the Agent:
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Related to Conditions to Closing and Initial Extensions of Credit

  • Conditions to All Extensions of Credit The obligation of each Lender to make any Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent on the date of making such Extension of Credit:

  • Conditions Precedent to all Extensions of Credit The obligation of the Lender Group (or any member thereof) to make any Revolving Loans hereunder (or to extend any other credit hereunder) at any time shall be subject to the following conditions precedent:

  • Conditions to Initial Extension of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make the initial extensions of credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extensions of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • Conditions to Initial Credit Extension The obligation of each Lender to make a Credit Extension hereunder on the Closing Date is subject to satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent:

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