Common use of General conditions precedent Clause in Contracts

General conditions precedent. The obligation of each Lender to make its Commitment available in respect of any Advance shall be subject to the further conditions that, as at the Drawdown Date of the relevant Advance:-

Appears in 3 contracts

Samples: Third Supplemental Agreement (Smedvig Asa), Agreement (Smedvig Asa), Fourth Supplemental Agreement (Smedvig Asa)

AutoNDA by SimpleDocs

General conditions precedent. The obligation of each Lender to make its Commitment available in respect of any contribute to the Advance shall be subject to the further conditions that, as at the Drawdown Date time of the relevant Advance:-giving of the Drawdown Notice and on the Drawdown Date:

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

General conditions precedent. The obligation of each Lender to make its Commitment available in respect of contribute to any Advance relating to it shall be subject to the further conditions that, as at the Drawdown Date time of the giving of the relevant Advance:-Drawdown Notice and on the relevant Drawdown Date:

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

AutoNDA by SimpleDocs

General conditions precedent. The obligation of each Lender to make available its Commitment available in respect of any Advance shall be subject to the further conditions that, as at the Drawdown Date time of the relevant Advance:-giving of the Drawdown Notice for such Advance, and at the time of the making of such Advance:

Appears in 1 contract

Samples: Loan Agreement (American Eagle Tankers Inc LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.