Common use of Conditions to Initial Funding Clause in Contracts

Conditions to Initial Funding. The obligations of the Lenders to make the Term Loans and of the Issuing Bank to issue any Letter of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.2):

Appears in 4 contracts

Sources: Credit Agreement (Hicks Thomas O), Credit Agreement (Hicks Thomas O), Credit Agreement (Hicks Thomas O)

Conditions to Initial Funding. The obligations of the Lenders to make the Term Loans and the obligation of the Issuing Bank to issue any Letter of Credit hereunder hereunder, shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.210.04):

Appears in 1 contract

Sources: Credit and Guaranty Agreement (1847 Goedeker Inc.)