Conditions Precedent to Initial Credit Events. The obligation of each Lender to make Loans, and the obligation of any Issuing Bank to issue Letters of Credit, on the Initial Borrowing Date, is subject to the satisfaction of the following conditions:
Appears in 6 contracts
Sources: Credit Agreement (Starwood Hotel & Resorts Worldwide, Inc), Credit Agreement (Starwood Hotel & Resorts Worldwide Inc), Credit Agreement (Starwood Hotel & Resorts Worldwide Inc)
Conditions Precedent to Initial Credit Events. The obligation of each Lender to make Revolving Loans, and the obligation of any the Issuing Bank to issue Letters of Credit, on the Initial Borrowing Effective Date, is subject to the satisfaction of the following conditions:
Appears in 4 contracts
Sources: Credit Agreement (Host Marriott L P), Credit Agreement (Host Marriott Corp/), Credit Agreement (Host Hotels & Resorts, Inc.)
Conditions Precedent to Initial Credit Events. The obligation of each Lender to make Loans, and the obligation of any Issuing Bank to issue Letters of Credit, on the Initial Borrowing Date, is subject to the satisfaction of the following conditions:
Appears in 1 contract
Sources: Credit Agreement (Starwood Hotel & Resorts Worldwide, Inc)
Conditions Precedent to Initial Credit Events. The obligation of each Lender to make Loanseach Loan hereunder, and the obligation of any Issuing Bank each Letter of Credit Issuer to issue Letters each Letter of CreditCredit hereunder, in each case on the Initial Borrowing Date, is subject at the time of the making of such Loan or the issuance of such Letter of Credit, as the case may be, to the satisfaction of the following conditions:
Appears in 1 contract
Sources: Credit Agreement (Intelsat LTD)
Conditions Precedent to Initial Credit Events. The obligation of each Lender to make LoansLoans and to participate in Letters of Credit under this Agreement, and the obligation obligations of any each Issuing Bank Lender to issue Letters of Credit, in each case on the Initial Borrowing DateDate is subject, is subject at the time of such Credit Event, to the satisfaction of the following conditions:
Appears in 1 contract
Sources: Credit Agreement (Capstar Broadcasting Partners Inc)
Conditions Precedent to Initial Credit Events. The obligation of each Lender to make Loans, and the obligation of any each Issuing Bank Lender to issue Letters of Credit, in each case on the Initial Borrowing Date, is subject at the time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions:
Appears in 1 contract
Sources: Credit Agreement (Vertis Inc)
Conditions Precedent to Initial Credit Events. The obligation of each Lender to make Loans, and the obligation of any the Issuing Bank to issue Letters of Credit, on the Initial Borrowing Effective Date, is subject to the satisfaction of the following conditions:
Appears in 1 contract
Sources: Credit Agreement (Host Marriott L P)
Conditions Precedent to Initial Credit Events. The obligation of each Lender Bank to make LoansLoans and to participate in Letters of Credit on the Restatement Effective Date, and the obligation obligations of any each Issuing Bank to issue Letters of Credit, Credit on the Initial Borrowing Restatement Effective Date, is are subject to the satisfaction of the following conditions:
Appears in 1 contract