Common use of Conditions to Initial Funding Clause in Contracts

Conditions to Initial Funding. The obligation of the Lenders to make the initial Loans or the Issuing Bank to issue the initial Letters of Credit pursuant to this Agreement shall be subject to the fulfillment, to the satisfaction of the Lenders and Issuing Bank (unless otherwise specified), of the following conditions (the date of such fulfillment being the "Closing Date"). The making of any Loan by any Lender on the Closing Date or the issuance of any Letters of Credit by the Issuing Bank shall constitute evidence of such Lender's or Issuing Bank's satisfaction with the fulfillment thereof.

Conditions to Initial Funding. The obligation of the Lenders to make the initial Loans or the Issuing Bank to issue the initial Letters of Credit pursuant to this Agreement shall be subject to the fulfillment, to the satisfaction of the Lenders and Issuing Bank (unless otherwise specified), of the following conditions (the date of such fulfillment being the "Closing Effective Date"). The making of any Loan by any Lender on the Closing Effective Date or the issuance of any Letters of Credit by the Issuing Bank shall constitute evidence of such Lender's or Issuing Bank's satisfaction with the fulfillment thereof.

Conditions to Initial Funding. The obligation of the Lenders to make the initial Loans or the Issuing Bank Issuer to issue the initial Letters of Credit pursuant to this Agreement shall be subject to the fulfillment, to the satisfaction of the Agent, Lenders and Issuing Bank Issuer (unless otherwise specified), of the following conditions on or before January 3, 2003 (the date of such fulfillment being the "Closing DateCLOSING DATE"). The making of any Loan by any Lender on the Closing Date or the issuance of any Letters Letter of Credit by the Issuing Bank Issuer on the Closing Date shall constitute evidence of such Lender's or Issuing Bankthe Issuer's satisfaction with the fulfillment thereof.