Common use of Conditions to Credit Extensions Clause in Contracts

Conditions to Credit Extensions. The obligation of each Lender to make the Credit Extension on the Closing Date shall be subject to, and to the satisfaction of, each of the conditions precedent set forth below.

Appears in 2 contracts

Sources: Short Term Credit Agreement (Novelis Inc.), Short Term Credit Agreement (Novelis Inc.)

Conditions to Credit Extensions. The obligation of each Lender to make the theeach Credit Extension on the Closing Date shall be subject to, and to the satisfaction of, each of the conditions precedent set forth below.

Appears in 1 contract

Sources: Short Term Credit Agreement (Novelis Inc.)