Conditions to Closing and Initial Loans Sample Clauses

Conditions to Closing and Initial Loans. The obligation of the Lenders to close this Agreement and to make its Loans is subject to the satisfaction of each of the following conditions:
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Conditions to Closing and Initial Loans. Notwithstanding any provision contained in this Agreement to the contrary, no Bank shall have any obligation to make the initial Loan(s) and no Issuing Bank shall have any obligation to issue Letters of Credit under this Agreement unless the Administrative Agent shall have first received:
Conditions to Closing and Initial Loans. The obligation of the Lenders to make any Revolving Loan hereunder is subject to the satisfaction of, or waiver of, prior to or concurrently with the making of such Revolving Loan, the following conditions precedent:
Conditions to Closing and Initial Loans. 41 SECTION 5.2 CONDITIONS TO ALL LOANS AND LETTERS OF CREDIT.........................................45 ARTICLE VI
Conditions to Closing and Initial Loans. The obligation of the Lenders to close this Agreement and to extend the initial Loan is subject to the satisfaction of each of the conditions set forth in Sections 4.1(b), (d), (g), (h), (i) and (j) and 4.2 of the Credit Agreement.

Related to Conditions to Closing and Initial Loans

  • Conditions to Closing Date 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:

  • Conditions to Closings Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at each Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at such Closing, of the following conditions:

  • Closing Conditions of Closing and Borrowing 50 SECTION 6.1 Closing....................................................................... 50 SECTION 6.2 Conditions to Closing and Initial Extensions of Credit........................ 50 SECTION 6.3 Conditions to All Extensions of Credit........................................ 55

  • Conditions to the Initial Loans No Lender shall be obligated to make any Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Agent, or waived in writing by Agent and Lenders:

  • Conditions to Closing of the Investors Each Investor’s obligations at the Closing are subject to the fulfillment, on or prior to the Closing Date, of all of the following conditions, any of which may be waived in whole or in part by all of the Investors:

  • Conditions to Initial Loans The agreement of each Lender to make Loans hereunder and the effectiveness of this Agreement is subject to the satisfaction, prior to or on the Closing Date, of the following conditions precedent, which conditions precedent apply to and shall be satisfied by the Borrower:

  • Closing Conditions to Closing The Lender will not be obligated to make the initial Loans or to obtain any Letters of Credit on the Closing Date, unless the following conditions precedent have been satisfied in a manner satisfactory to Lender:

  • Conditions to Closing Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, prior to or at the Closing, of the following conditions:

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

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