Initial Extensions of Credit. The obligation of any Lender to make its initial extension of credit hereunder or the obligations of the Facing Bank to issue any Letter of Credit hereunder is subject to the condition precedent that the Company deliver to the Agent each of the following, each of which shall be satisfactory in form and substance to the Agent and the Agent's counsel:
Appears in 2 contracts
Sources: Credit Agreement (American Health Properties Inc), Credit Agreement (American Health Properties Inc)