1Conditions Precedent to Initial Credit Extension. Bank’s obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:
1Conditions Precedent to Initial Credit Extension. Each Lender’s obligation to make a Term Loan is subject to the condition precedent that Collateral Agent and each Lender shall consent to or shall have received, in form and substance satisfactory to Collateral Agent and each Lender, such documents, and completion of such other matters, as Collateral Agent and each Lender may reasonably deem necessary or appropriate, including, without limitation:
1Conditions Precedent to Initial Credit Extension. Each Lender’s obligation to make the initial advance in respect of a Credit Facility is subject to the condition precedent that Agent shall consent to or shall have received, in form and substance satisfactory to Agent, such documents, and completion of such other matters, CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. as Agent may reasonably deem necessary or appropriate, including, without limitation, all items listed on the Closing Deliveries Schedule attached hereto.
1Conditions Precedent to Initial Credit Extension. Bank's obligation to make the initial Credit Extension, on or after the Effective Date, is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation: (a)the duly executed original signatures to the Senior Loan Agreement and satisfaction of all conditions precedent thereto; (b)duly executed original signatures to the Loan Documents; (c)duly executed original signatures to the Control Agreements; (d)the Operating Documents and long-form good standing certificates of Borrower certified by the Secretary of State (or equivalent agency) of Borrower's jurisdiction of organization or formation and each jurisdiction in which Borrower is qualified to conduct business, each as of a date no earlier than thirty (30) days prior to the Effective Date; (e)duly executed original signatures to the completed Borrowing Resolutions for Borrower; (f)duly executed original signature to a payoff letter from Eastward Fund Management, LLC (“Eastward”); (g)evidence that (i) the Liens securing Indebtedness owed by Borrower to Eastward will be terminated and (ii) the documents and/or filings evidencing the perfection of such Liens, including without limitation any financing statements and/or control agreements, have or will, concurrently with the initial Credit Extension, be terminated; (h)certified copies, dated as of a recent date, of financing statement searches, as Bank may request, accompanied by written evidence (including any UCC termination statements) that the Liens indicated in 3 any such financing statements either constitute Permitted Liens or have been or, in connection with such initial Credit Extension, will be terminated or released; (i)the Perfection Certificate of Borrower, together with the duly executed original signature thereto; (j)a legal opinion of Borrower's counsel dated as of the Effective Date together with the duly executed original signature thereto; (k) evidence satisfactory to Bank that the insurance policies and endorsements required by Section 6.5 hereof are in full force and effect, together with appropriate evidence showing lender loss payable and/or additional insured clauses or endorsements in favor of Bank; and (l)payment of the fees and Bank Expenses then due as specified in Section 2.3 hereof. 3.2Conditions Precedent to all Credit Extensions. Bank's obligati...
