Conditions to Initial Extensions of Credit. The obligation of the Lenders to make the initial Advances or issue or participate in the initial Letters of Credit, including the deemed issuance of the Existing Letters of Credit, if any, is subject to the satisfaction of each of the following conditions:
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Sources: Credit Agreement (NOW Inc.), Credit Agreement (NOW Inc.)
Conditions to Initial Extensions of Credit. The obligation of the Lenders to make the initial Advances Loan, or issue or participate in the initial Letters Letter of Credit, including the deemed issuance of the Existing Letters of Credit, if any, Credit is subject to the satisfaction of each of the following conditionsconditions on or before the date of funding the initial Loans or issuing the initial Letters of Credit:
Appears in 1 contract
Sources: Credit Agreement (Horizon Personal Communications Inc)
Conditions to Initial Extensions of Credit. The obligation obligations of the Lenders to make the any initial Advances extension of credit hereunder (whether by making a Loan or issue or participate in the initial Letters issuing a replacement and/or new Letter of Credit, including the deemed issuance of the Existing Letters of Credit, if any, is ) are subject to the satisfaction of each of the following conditionsfollowing:
Appears in 1 contract
Sources: Credit Agreement (Boyd Gaming Corp)
Conditions to Initial Extensions of Credit. The obligation of the Lenders each Lender to make the initial Advances Loans or the Issuing Lender to issue or participate in the initial Letters Letter of Credit, including the deemed issuance of the Existing Letters of Creditwhichever shall occur first, if any, is are subject to the satisfaction of each of the following conditions:conditions (in addition to satisfaction of each of the conditions set forth in Section 5.1 as of the Closing Date):
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Conditions to Initial Extensions of Credit. The effectiveness of the amendment and restatement of the Existing Credit Agreement and the obligation of each Lender to make its initial Loan and the obligation of the Lenders Issuing Lender to make the issue its initial Advances or issue or participate in the initial Letters Letter of Credit, including the deemed issuance of the Existing Letters of Credit, if any, Credit is subject to the satisfaction or waiver of each of the following conditions:
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