CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT Clause Samples
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligation of each Lender to make Loans and of the Issuing Lender to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligation of each Lender to make Loans, of an Issuing Lender to issue Letters of Credit hereunder, and of the Swingline Lender to make Swing Loans is subject to the following conditions:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligations of the Lenders (including the Swing Line Banks) to make Loans hereunder and the obligation of each Fronting Bank to issue Letters of Credit hereunder (or to amend, renew or extend an existing Letter of Credit) are subject to the satisfaction of the following conditions:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The effectiveness of this Agreement shall be subject to the satisfaction or waiver of the following further conditions:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligation of the Bank to make any Loan or issue any Letter of Credit is subject to the satisfaction of the following conditions:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligation of each Lender to make Loans and of the Administrative Agent to issue Letters of Credit hereunder is subject to the satisfaction of the following conditions:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. 7.1 First Loans and Letters of Credit
(a) Deliveries
(b) Payment of Fees
7.2 Each Loan of Letter of Credit
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligation of each Lender to make Loans and of the Issuing Lender to issue Letters of Credit hereunder is subject to the satisfaction of (i) in the case of Loans and Letters of Credit made or issued as of the Closing Date, the conditions set forth in Section 7.1 and (ii) in the case of Loans and Letters of Credit made or issued after the Closing Date, the conditions set forth in Section 7.2:
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. 85
7.1 First Loans and Letters of Credit 85
CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT. The obligation of the Revolving Lenders to make Revolving Credit Loans, of the Tranche B Lenders to fund their Tranche B Credit-Linked Deposits and of the Issuing Bank to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Revolving Credit Loans, funding of the Tranche B Credit-Linked Deposits or issuance of such Letters of Credit and to the satisfaction of the following further conditions: