Common use of Conditions to Initial Advances Clause in Contracts

Conditions to Initial Advances. The agreement of Lenders to make the initial Advances and Letters of Credit requested to be made on the Closing Date is subject to the satisfaction, or waiver by Lenders, immediately prior to or concurrently with the making of such Advances and Letters of Credit, of the following conditions precedent, all in form and substance acceptable to Agent:

Appears in 6 contracts

Sources: Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (American Outdoor Brands, Inc.), Loan and Security Agreement (Primo Water Corp)

Conditions to Initial Advances. The agreement of Lenders to make the initial Advances and Letters of Credit requested to be made on the Closing Date , and of Agent to issue or cause to be issued any Letter(s) of Credit to be issued on the Closing Date, if any, is subject to the satisfaction, or waiver by LendersAgent, immediately prior to or concurrently with the making of such Advances and Letters of CreditAdvances, of the following conditions precedent, all in form and substance acceptable to Agent:

Appears in 2 contracts

Sources: Revolving Credit and Security Agreement (Virco MFG Corporation), Revolving Credit and Security Agreement (Virco MFG Corporation)

Conditions to Initial Advances. The agreement of Lenders to make the initial Advances Advances, and issue the Letters of Credit Credit, in each case requested to be made and issued on the Closing Date is subject to the satisfaction, or waiver by LendersAgent, immediately prior to or concurrently with the making of such Advances and Letters of CreditAdvances, of the following conditions precedent, all in form and substance acceptable to Agent:

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Stream Global Services, Inc.)

Conditions to Initial Advances. The agreement of the Lenders to make the initial Advances requested to be made and the Issuer to issue the initial Letters of Credit requested to be made issued on the Closing Date is subject to the satisfaction, or waiver by Lenders, satisfaction immediately prior to or concurrently with the making of such Advances and the issuance of such Letters of Credit, of the following conditions precedent, all in form and substance acceptable precedent unless waived by the Agent pursuant to Agentthe Post-Closing Waiver Letter:

Appears in 1 contract

Sources: Credit and Security Agreement (Stoneridge Inc)

Conditions to Initial Advances. The agreement of Lenders to make the initial Advances Advances, and issue the Letters of Credit Credit, in each case requested to be made and issued on the Closing Date is subject to the satisfaction, or waiver by LendersAgent and Term B Agent, immediately prior to or concurrently with the making of such Advances and Letters of CreditAdvances, of the following conditions precedent, all in form and substance acceptable to Agent:

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Stream Global Services, Inc.)