Common use of CONDITIONS OF INITIAL EXTENSION OF CREDIT Clause in Contracts

CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of each Lender to make its initial Extension of Credit hereunder is subject to satisfaction of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Equity Marketing Inc)

CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of each Lender to make its the initial Extension extension of Credit hereunder credit contemplated by this Agreement is subject to the fulfillment to Lender’s satisfaction of all of the following conditions precedentconditions:

Appears in 1 contract

Sources: Credit Agreement (Saba Software Inc)

CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of each Lender to make its initial Extension of Credit hereunder is subject to satisfaction (or waiver by Administrative Agent) of the following conditions precedent:

Appears in 1 contract

Sources: First Lien Credit Agreement (Kratos Defense & Security Solutions, Inc.)

CONDITIONS OF INITIAL EXTENSION OF CREDIT. The obligation of each Lender to make its an initial Extension extension of Credit credit hereunder is subject to the fulfillment to Lender’s reasonable satisfaction of all of the following conditions precedentconditions:

Appears in 1 contract

Sources: Loan Agreement (Assuranceamerica Corp)