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Conditions to Each Extension of Credit
Conditions to Each Extension of Credit contract clause examples

67 SECTION 6. AFFIRMATIVE COVENANTS

Conditions to Each Extension of Credit. The agreement of each Lender to make any extension of credit requested to be made by it on any date (excluding its initial extension of credit on the Funding Date), is subject to the satisfaction of the following conditions precedent:

. The agreement of each Lender to make any extension of credit requested to be made by it on any date (including its initial extension of credit), and of the Issuing Lender to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions precedent:

. The agreement of each Lender to make any extension of credit requested to be made by it hereunder on any date (including, without limitation, its initial extension of credit) is subject to the satisfaction or waiver of the following conditions precedent:

Conditions to Each Extension of Credit. The agreement of each Lender to make any extension of credit requested to be made by it hereunder on any date (including its initial Loans disbursed on the Closing Date) is subject to the satisfaction of the following conditions precedent:

. The agreement of each Lender to make any extension of credit requested to be made by it on any date (subject to Section 2.24) is subject to the satisfaction of the following conditions precedent:

Conditions to Each Extension of Credit. The agreement of each Lender to make any extension of credit requested to be made by it on any date (including the deemed issuance of Existing Letters of Credit under this Agreement on the Closing Date pursuant to [Section 3.9]) is subject to the satisfaction of the following conditions precedent; provided that this [Section 5.2] shall not apply to # the continuation or conversion of outstanding Loans (including Bankers’ Acceptances) or # any new Loans in one currency the aggregate principal amount of which is substantially equivalent to or less than (as determined in accordance with the Exchange Rate) the aggregate principal amount of outstanding Loans in another currency that are due to be paid or prepaid on the date of such new Loan, so long as the Administrative Agent is reasonably satisfied that the proceeds of such new Loan or other available cash of the relevant Borrower will be used (after giving effect to any necessary concurrent exchange transaction) to make such payment or prepayment:

. The agreement of each Lender to make any extension of credit requested to be made by it on any date (including its initial extension of credit[[Borrower:Organization]] is subject to the satisfaction of the following conditions precedent:

Conditions to Each Extension of Credit. The agreement of each Lender to make any extension of credit requested to be made by it hereunder on any date (including its Loans disbursed on the Closing Date but excluding # any Revolving Loan Conversion, # any conversion of a Eurodollar Loan into an ABR Loan pursuant to [Section 2.11(a)] and # any continuation of Loans pursuant to [Section 2.11(b)]) is subject to the satisfaction of the following conditions precedent:

. The agreement of each Lender to make any extension of credit requested to be made by it on any date (including any Increased Facility Activation Date) is subject to the satisfaction of the following conditions precedent:

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