Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders to make the Initial Term Loans is subject to the satisfaction of each of the following conditions:
Appears in 2 contracts
Sources: Term Loan Credit Agreement (Beacon Roofing Supply Inc), Term Loan Credit Agreement (Beacon Roofing Supply Inc)
Conditions to Closing and Initial Extensions of Credit. The obligation of the Lenders to make the Initial Term Loans initial Extensions of Credit hereunder is subject to the satisfaction of each of the following conditions:
Appears in 2 contracts
Sources: Loan Agreement (Stanley-Martin Communities, LLC), Loan Agreement (Stanley-Martin Communities, LLC)