Initial Extension of Credit definition

Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.
Initial Extension of Credit as to any Lender, the making of an Initial Term Loan.
Initial Extension of Credit means the earlier to occur of the initial Revolving Credit Borrowing and the initial issuance of a Letter of Credit hereunder.

Examples of Initial Extension of Credit in a sentence

  • Conditions Precedent to Initial Extension of Credit 58 SECTION 3.02.


More Definitions of Initial Extension of Credit

Initial Extension of Credit means the Borrowing at the Closing Date.
Initial Extension of Credit means, collectively, the initial Borrowings under one or more of the Facilities, and/or the initial issuances of one or more Letters of Credit, made on the Closing Date.
Initial Extension of Credit means the initial Committed Borrowing hereunder.
Initial Extension of Credit means the occurrence of the initial Borrowing hereunder.
Initial Extension of Credit means the initial borrowing hereunder;
Initial Extension of Credit means the earlier to occur of the initial Borrowing or initial Drawing by the Canadian Borrower hereunder. "Initial Issuing Banks" has the meaning specified in the recital of parties to this Agreement.
Initial Extension of Credit means the initial Borrowing hereunder. Express – Term Loan Credit Agreement