Common use of Conditions Precedent to the Initial Advance Clause in Contracts

Conditions Precedent to the Initial Advance. The obligation of each Lender to make an initial Advance hereunder and of the Issuing Bank to issue an initial Letter of Credit are subject to the following conditions precedent being satisfied on or prior to January 31, 2005:

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)

Conditions Precedent to the Initial Advance. The obligation of each Lender to make an initial Advance hereunder and of the Issuing Bank to issue an initial Letter of Credit are subject to the following conditions precedent being satisfied on or prior to January 31, 2005satisfied:

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)

Conditions Precedent to the Initial Advance. The obligation of each Lender to make an initial Advance hereunder and of the Issuing Bank to issue an initial any Letter of Credit are subject to the following conditions precedent being satisfied on or prior to January 31, 2005satisfied:

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)

Conditions Precedent to the Initial Advance. The obligation of each Lender to make an initial any Advance hereunder and of the Issuing Bank to issue an initial any Letter of Credit are subject to the following conditions precedent being satisfied on or prior to January 31November 15, 20052002:

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Meristar Hospitality Corp)