Common use of Conditions to Initial Extension of Credit Clause in Contracts

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (or waiver by the Lender) of the following conditions precedent:

Appears in 4 contracts

Sources: Credit Agreement (Qt Imaging Holdings, Inc.), Credit Agreement (CalAmp Corp.), Credit Agreement (CalAmp Corp.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (or waiver by waiver, prior to or concurrently with the Lender) making of such extension of credit on the Closing Date, of the following conditions precedent:, provided that such conditions have been satisfied (or otherwise waived by the Administrative Agent and all of the Lenders) on or before May 20, 2021 (and if the following conditions are not satisfied, all commitments and obligations to extend credit hereunder shall terminate):

Appears in 4 contracts

Sources: Credit Agreement (Accuray Inc), Credit Agreement (Accuray Inc), Credit Agreement (Accuray Inc)

Conditions to Initial Extension of Credit. The Except as set forth in Section 5.3, the effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (or waiver by waiver, prior to or concurrently with the Lender) making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 4 contracts

Sources: Credit Agreement (Pagaya Technologies Ltd.), Senior Secured Revolving Credit Agreement (Pagaya Technologies Ltd.), Credit Agreement (Pagaya Technologies Ltd.)

Conditions to Initial Extension of Credit. The effectiveness agreement of this Agreement and the obligation of the each Lender to make its the initial extensions of credit requested to be made by it on the Closing Date was subject to the satisfaction, prior to or concurrently with the making of such extension of credit hereunder shall be subject to on the satisfaction (or waiver by the Lender) Closing Date, of the following conditions precedent:precedent (it being understood that terms used in this Section 5.1 shall have the meanings assigned thereto in the Existing Credit Agreement and Section or Schedule references used in this Section 5.1 shall be references to such Section or Schedule in respect of the Existing Credit Agreement):

Appears in 3 contracts

Sources: Credit Agreement (WEB.COM Group, Inc.), Credit Agreement (WEB.COM Group, Inc.), Credit Agreement (WEB.COM Group, Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and Subject to Section 6.12, the obligation agreement of the Lender to make its the initial extension of credit requested to be made by it hereunder shall be is subject to the satisfaction (satisfaction, prior to or waiver by substantially contemporaneously with the Lender) making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 3 contracts

Sources: Credit Agreement (Archstone), Credit Agreement (Archstone), Credit Agreement (Archstone)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder (the “Initial Credit Extension”) shall be subject to the satisfaction (or waiver by the Lender) Lenders), prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 2 contracts

Sources: Credit Agreement (Health Catalyst, Inc.), Credit Agreement (Ribbon Communications Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 2 contracts

Sources: Credit Agreement (Rightside Group, Ltd.), Credit Agreement (Rightside Group, Ltd.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (or waiver by the Lender) Administrative Agent, prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 2 contracts

Sources: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement In addition to the conditions precedent stated elsewhere herein, (excluding after the Closing Date those contained in Sections 5.1(e) and 5.1(f) hereof), the obligation of the Lender Lenders to enter into this Credit Agreement and make its the initial extension Extension of credit hereunder shall be Credit is subject to the satisfaction (or waiver by the Lenderwaiver) of the following conditions precedentconditions:

Appears in 1 contract

Sources: Credit Agreement (WPS Resources Corp)

Conditions to Initial Extension of Credit. The Subject to Section 5.3, the effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of each such extension of credit on or about the Closing Date, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Everyday Health, Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be were subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (K2m Group Holdings, Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of each such extension of credit, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Violin Memory Inc)

Conditions to Initial Extension of Credit. The effectiveness agreement of each Lender (including the Swingline Lender and(as defined in this Agreement prior to giving effect to the Fourth Amendment Effective Date) and the obligation of the Lender Issuing Lenders) to make its the initial extension of credit hereunder shall requested to be made by it is subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of such extension of credit, of the following conditions precedent:precedent (it being understood that each such agreement became effective on the Closing Date; terms used in this Section 5.1 shall have the meanings assigned thereto as of the Closing Date):

Appears in 1 contract

Sources: Omnibus Amendment (AV Homes, Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension credit extensions hereunder from and after the occurrence of credit hereunder the Closing Date shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of each such extension of credit, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (ShoreTel Inc)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation amendment and restatement evidenced hereby, and the agreement of the each Lender to make its initial the extension of credit hereunder shall requested to be made by it on the Closing Date, is subject to the satisfaction (satisfaction, prior to or waiver by concurrently with such effectiveness and the Lender) making of such extension of credit, of each of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Cedar Fair L P)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and Agreement, including the obligation of the each Lender to make its the initial extension extensions of credit hereunder shall requested to be made by it, are subject to the satisfaction (or waiver by the Lender) of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (International Multifoods Corp)

Conditions to Initial Extension of Credit. The Subject to Section 5.3, the effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of each such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Silver Spring Networks Inc)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of each such extension of credit on the Closing Date, of the following conditions precedent, except as set forth in Section 5.3:

Appears in 1 contract

Sources: Senior Secured Revolving Credit Facility (Benefitfocus,Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, sf-3193689 prior to or waiver by concurrently with the Lender) making of each such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (Mattson Technology Inc)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by on the Lender) Closing Date, of the following conditions precedent:

Appears in 1 contract

Sources: Credit Agreement (UiPath, Inc.)

Conditions to Initial Extension of Credit. The effectiveness of this Agreement and the obligation of the each EXIM Lender to make its initial extension of credit hereunder shall be subject to the satisfaction (satisfaction, prior to or waiver by concurrently with the Lender) making of such extension of credit on the Closing Date, of the following conditions precedent:

Appears in 1 contract

Sources: Senior Secured Credit Facility (K2m Group Holdings, Inc.)