Common use of Initial Advances and Letters of Credit Clause in Contracts

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 4 contracts

Samples: Credit Agreement (Woodward, Inc.), Woodward Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

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Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 4 contracts

Samples: Credit Agreement (Finishmaster Inc), Credit Agreement (Huttig Building Products Inc), Credit Agreement (FTD Corp)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 4 contracts

Samples: Credit Agreement (Woodward Governor Co), Credit Agreement (Quixote Corp), Credit Agreement (Thomas Industries Inc)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lendersother conditions set forth below have been satisfied:

Appears in 3 contracts

Samples: Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/), Credit Agreement (Trimble Navigation LTD /Ca/)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has furnished to the Administrative Agent each of the following, with sufficient copies for the LendersLenders (or direct delivery to applicable Lenders in the case of items (9) and (10) below), all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 3 contracts

Samples: Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has Borrowers have furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent Agent, the Arranger and the Lenders:

Appears in 3 contracts

Samples: Credit Agreement (Finish Line Inc /In/), Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 2 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Credit Agreement (Plexus Corp)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit (including the deemed issuance of the Transitional Letters of Credit) unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Energizer Holdings Inc)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent Agent, the Arranger and the Lenders:

Appears in 2 contracts

Samples: Credit Agreement (Finishmaster Inc), Credit Agreement (Finishmaster Inc)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the LendersAgent:

Appears in 2 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless (A) such initial Loans are made not later than December 31, 2002; and (B) the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the LendersLenders in their sole and absolute discretion:

Appears in 2 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Revolving Loans or issue any Letters of Credit unless the Company has Borrowers have furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent Agent, the Arranger and the Lenders:

Appears in 1 contract

Samples: Credit Agreement (Marsh Supermarkets Inc)

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Initial Advances and Letters of Credit. The Revolving Lenders shall not be required to make the initial Revolving Loans or hereunder and the Issuing Bank shall not be required to issue any new Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 1 contract

Samples: Pledge Agreement (CTS Corp)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any initial Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent Agent, the Arrangers and the Lenders:

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent Agent, the Arrangers and the Lenders:

Appears in 1 contract

Samples: Credit Agreement (Kansas City Power & Light Co)

Initial Advances and Letters of Credit. The Lenders shall not be -------------------------------------- required to make the initial Loans or issue any Letters of Credit unless the Company Borrower has furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 1 contract

Samples: Credit Agreement (Roper Industries Inc /De/)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless unless, on or prior to the Company has Closing Date, the Borrowers have furnished to the Administrative Agent each of the following, with sufficient copies (if applicable) for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 1 contract

Samples: Credit Agreement (Chicago Bridge & Iron Co N V)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Facility Letters of Credit hereunder unless the Company has Borrowers shall have furnished to the Administrative Agent each of the followingAgents, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to each of the Administrative Agent and the Lendersfollowing:

Appears in 1 contract

Samples: Revolving Credit Agreement (Arvinmeritor Inc)

Initial Advances and Letters of Credit. The Lenders shall not be required to make the initial Loans or issue any Letters of Credit unless the Company has Borrowers have furnished to the Administrative Agent each of the following, with sufficient copies for the Lenders, all in form and substance reasonably satisfactory to the Administrative Agent and the Lenders:

Appears in 1 contract

Samples: Credit Agreement (American Architectural Products Corp)

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