Conditions to Each Post-Closing Extension of Credit. The agreement of each Lender (including each L/C Issuer) to make any Credit Extension requested to be made by it hereunder on any date, including the Initial Borrowing Date, (other than (x) Agent Advances and (y) a conversion of Loans to the other Type, or a continuation of Term Benchmark Loans) is subject to the satisfaction of the following conditions precedent:
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Sources: Abl Credit Agreement (Mallinckrodt PLC), Abl Credit Agreement (Mallinckrodt PLC)
Conditions to Each Post-Closing Extension of Credit. The agreement of each Lender (including each L/C Issuer) to make any Credit Extension extension of credit requested to be made by it hereunder on any date, including the Initial Borrowing Date, date (other than (x) Agent Advances the initial extensions of credit on the Closing Date (except with respect to the condition precedent specified in clause (d) below) and (y) a conversion of Loans to the other Type, or a continuation of Term Benchmark Eurodollar Loans, and except as expressly permitted under Section 2.23) is subject to the satisfaction of the following conditions precedent:
Appears in 1 contract
Sources: Second Lien Credit Agreement (Continental Building Products, Inc.)
Conditions to Each Post-Closing Extension of Credit. The agreement of each Lender (including each L/C Issuer) to make any Credit Extension requested to be made by it hereunder on any date, including excluding the Initial Borrowing Date, (other than (x) Agent Advances and (y) a conversion of Loans to the other Type, or a continuation of Term Benchmark Loans) is subject to the satisfaction of the following conditions precedent:
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