Common use of Conditions to the Initial Loans Clause in Contracts

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Date, until the following conditions have been satisfied or waived in writing by, Agent and Requisite Lenders:

Appears in 1 contract

Sources: Credit Agreement (Devcon International Corp)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or waived in writing by, Agent and Requisite Lenders:until

Appears in 1 contract

Sources: Credit Agreement (Playcore Inc)

Conditions to the Initial Loans. No Lender shall not be obligated to make any Advance on of the Closing Date, Loans or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions Loan Documents to be delivered on or before the Closing Date shall have been satisfied or waived in writing by, Agent duly executed and Requisite Lenders:delivered by the appropriate parties.

Appears in 1 contract

Sources: Loan and Security Agreement (Trailer Bridge Inc)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Revolving Loan on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Agent, or waived in writing by, by Agent and Requisite Lenders:

Appears in 1 contract

Sources: Credit Agreement (Guardian International Inc)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Administrative Agent, or waived in writing by, by Administrative Agent and Requisite Lenders:

Appears in 1 contract

Sources: Credit Agreement (Princeton Review Inc)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan or incur any Letter of Credit Obligation on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Date, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent, or waived in writing by, Agent and Requisite Lendersby Agent:

Appears in 1 contract

Sources: Credit Agreement (Samsonite Corp/Fl)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent, or waived in writing by, Agent and Requisite Lendersby Agent:

Appears in 1 contract

Sources: Secured Debtor in Possession Credit Agreement

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Date, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to, or waived in writing by, Agent and Requisite Lenders:

Appears in 1 contract

Sources: Credit Agreement (Devcon International Corp)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or provided for in a manner satisfactory to Lenders, or waived in writing by, Agent and Requisite by Lenders:

Appears in 1 contract

Sources: Second Lien Credit Agreement (Black Warrior Wireline Corp)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance the Closing Date Term Loan on the Closing Funding Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent and its counsel, or waived in writing by, Agent and Requisite Lenders:by Agent.

Appears in 1 contract

Sources: Credit Agreement (Energy Coal Resources, Inc.)

Conditions to the Initial Loans. No Lender shall be obligated to make any Advance Loan or incur any Letter of Credit Obligations on the Closing Date, or to take, fulfill, or perform any other action hereunder on the Closing Datehereunder, until the following conditions have been satisfied or provided for in a manner reasonably satisfactory to the Agents and each Lender, or waived in writing by, Agent and Requisite Lenders:accordance with Section 12.2.

Appears in 1 contract

Sources: Credit Agreement (Coffeyville Resources, Inc.)