Common use of Initial Credit Extensions Clause in Contracts

Initial Credit Extensions. The obligations of the Lenders and, if applicable, the Issuer, to fund the initial Credit Extensions shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.

Initial Credit Extensions. The obligations of the Lenders and, if applicable, the Issuer, Issuer or the Loan Note Guarantor to fund the initial any Credit Extensions to the Borrowers shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 5.1.