Common use of Conditions to Borrowing Clause in Contracts

Conditions to Borrowing. The obligation of each Bank to make a Loan on the occasion of any Borrowing is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Sources: Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)

Conditions to Borrowing. The obligation of each any Bank to make a Loan on the occasion of any Borrowing is subject to the satisfaction (or waiver in accordance with Section 9.05) of the following conditions:

Appears in 1 contract

Sources: Bridge Loan Agreement (Tyco International LTD /Ber/)

Conditions to Borrowing. The obligation of each Bank to make a Loan on the occasion of any each Borrowing is subject to the satisfaction of such of the following conditionsconditions as shall not have been expressly waived by the Required Banks:

Appears in 1 contract

Sources: Credit Agreement (Louisiana Land & Exploration Co)

Conditions to Borrowing. The obligation of each Bank Lender to make a or maintain any Loan on the occasion of any Borrowing is shall be subject to the satisfaction of each of the following conditionsadditional conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Transatlantic Petroleum Ltd.)