Example ContractsClausesconditions to each extension of creditVariants
Conditions to Each Extension of Credit
Conditions to Each Extension of Credit contract clause examples

Each Credit Extension. The Lenders and Issuers shall not be required to make any Credit Extension unless the conditions set forth in [Section 4.1] have been satisfied and on the applicable Borrowing Date or issuance date:

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4.2Each Credit Extension. The obligation of each Lender to make any Credit Extension hereunder, including any Credit Extension made on the Closing Date, is subject to the satisfaction of the following conditions precedent on the applicable Credit Extension Date:

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