Amendment and Restatement; Initial Loan. The obligations of (a) the Lenders to (i) amend and restate the Existing Credit Facilities and (ii) make Loans (including making BA Loans and accepting Bankers' Acceptances) or (b) any Issuing Bank to issue Letters 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 10.2):
Appears in 1 contract
Sources: Credit Agreement (Forest Oil Corp)
Amendment and Restatement; Initial Loan. The obligations of (a) the Lenders to (i) amend and restate the Existing Credit Facilities and (ii) make Loans (including making BA Loans and accepting Bankers' Acceptances) or (b) any Issuing Bank to issue Letters 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 10.2):
Appears in 1 contract
Sources: Credit Agreement (Forest Oil Corp)
Amendment and Restatement; Initial Loan. The obligations of (a) the Lenders to (i) amend and restate the Existing Credit Facilities Facility and (ii) make Loans (including making BA Loans and accepting Bankers' Acceptances) or (b) any Issuing Bank to issue Letters 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 10.2):
Appears in 1 contract
Sources: Credit Agreement (Forest Oil Corp)