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Common use of Initial Extension of Credit Clause in Contracts

Initial Extension of Credit. The obligation of Lenders to make an initial Credit Extension hereunder is subject to the following conditions precedent:

Appears in 7 contracts

Sources: Credit Agreement (Bgsf, Inc.), Credit Agreement (Bgsf, Inc.), Credit Agreement (Bgsf, Inc.)

Related Clauses

  • Conditions to Initial Extension of Credit
  • Extension of Credit
  • No Extension of Credit
  • CONDITIONS OF INITIAL EXTENSION OF CREDIT
  • Conditions to Each Extension of Credit

Parent Clauses

  • Conditions Precedent
  • Conditions
  • Conditions Precedent to Lending
  • Definitions
  • Conditions to Making Extensions of Credit

Sub-Clauses

  • Resolutions
  • Governmental Certificates
  • Notes
  • Incumbency Certificate
  • Attorneys’ Fees and Expenses
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