Common use of Conditions to Initial Loans and Letters of Credit Clause in Contracts

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to fund its Term Loan and its Proportionate Share of the initial Revolving Loan, and the obligation of the Agent to cause the Issuing Bank to issue the initial Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedent:

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to fund its Term Loan and its Proportionate Share of the initial Revolving LoanLoans, and the obligation of the Agent to cause the Issuing Bank to issue the initial Letter of Credit, is subject to the satisfaction or waiver of the following conditions precedentprecedent on or before January 31, 1998:

Conditions to Initial Loans and Letters of Credit. The obligation of each Lender to fund its Term initial Loan and its Proportionate Share of the initial Revolving Loan, and the obligation of the Agent to cause or the Issuing Bank Lender to issue the initial Letter of Credit, Credit is subject to the satisfaction or waiver of the following conditions precedent, all in form and substance satisfactory to the Agent, the Documentation Agent and all the Lenders on or prior to the Initial Borrowing Date: (a) The Agent shall have received: