Advance Requirements. Once the Agreement is certified, Grantee, prior to distribution of any advanced payment, must fulfill the following conditions:
1. All Agreement compliance requirements must be currently met (e.g., reports submitted and approved; corrective actions resolved; business tax and insurance certificates in place; prompt and properly documented invoicing; appropriate spend down);
2. The final invoice from the preceding fiscal year must be received prior to advance distribution; and
3. Advances from the preceding fiscal year must be repaid, in full, prior to any additional advance distribution.
Advance Requirements. Borrowers’ satisfaction of each of the conditions specified in Sections 2.1 and 2.7;
Advance Requirements. In addition to the provisions of Section 7.1, the following conditions must be met prior to Lenders making any Advance under the Revolving Line of Credit, including an Advance by the Swingline Lender under the Swingline Loan, making any Term Loan, or issuing any Letter of Credit:
(a) All representations and warranties of Borrowers in Article VI shall be true and correct in all material respects on and as of such date, except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date;
(b) Borrowers shall have complied with all of its covenants set forth in this Agreement to have been complied with prior to the time of such Advance;
(c) No Event of Default shall have occurred and be continuing or would occur as a result of such Advance;
(d) All required fees and expenses shall have been paid to Agent; and
(e) Agent shall have received any other documents reasonably requested by it.
Advance Requirements. The Borrower’s satisfaction of each of the conditions specified in Section 2.01 and Section 2.06 as of the date of such Advance;
Advance Requirements. (a) In addition to the provisions of Section 7.1, the following conditions must be met prior to Lenders making any Advance under the Revolving Line of Credit, including an Advance by the Swingline Lender under the Swingline Loan, issuing any Letter of Credit, or under the Delayed Draw Term Loan 2 (when a Restricted Payment is made using the proceeds of such Advance):
(i) All representations and warranties of Borrowers in Article VI shall be true and correct in all material respects (without duplication as to any Material Adverse Effect or materiality modifiers, qualifications or limitations set forth therein) on and as of such date, except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects (without duplication as to any Material Adverse Effect or materiality modifiers, qualifications or limitations set forth therein) as of such earlier date;
(ii) Borrowers shall have complied with all of their covenants set forth in this Agreement to have been complied with prior to the time of such Advance;
(iii) No Event of Default shall have occurred and be continuing or would occur as a result of such Advance;
(iv) All required fees and expenses shall have been paid to Agent; and
(v) Agent shall have received any other documents reasonably requested by it.
(b) In addition to the provisions of Section 7.1, the following conditions must be met prior to Lenders making any Advance under the Delayed Draw Term Loan 1 or under the Delayed Draw Term Loan 2 (when an acquisition is consummated using the proceeds of such Advance):
(i) Borrowers shall deliver, or cause to be delivered, to Agent the following items, each in form and substance satisfactory to Agent and its counsel and each duly executed (where indicated) by the parties thereto:
i. Officer’s Certificate as to accuracy of representations and warranties and stating that no event has occurred since December 31, 2014 that has caused a Material Adverse Effect;
ii. A written Borrowing Notice for the Delayed Draw Term Loan 1 indicating the intended use of the Advance, and any borrowing under the Revolving Loans to be made;
iii. Officer’s Certificate attaching (A) pro forma projections for Borrowers on a combined basis, and (B) a pro forma financial covenant calculation for the Borrowers, following the consummation of the acquisition; and
iv. Such additional documents, instruments and ce...
Advance Requirements. In addition to the provisions of Section 7.1, the following conditions must be met prior to Lenders making any Advance under the Revolving Line of Credit:
(a) All representations and warranties of Borrowers in Article VI shall be true and correct in all material respects on and as of such date, except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date;
(b) Borrowers shall have complied with all of its covenants set forth in this Agreement to have been complied with prior to the time of such Advance;
(c) No Event of Default shall have occurred and be continuing or would occur as a result of such Advance;
(d) All required fees and expenses shall have been paid to Agent; and
(e) Agent shall have received any other documents reasonably requested by it.
Advance Requirements. No advance commissions shall be paid;
1. Except upon satisfactory completion of the verification of an application submitted by Agent for coverage by DSP.
2. If the check accompanying the application is non-negotiable or does not clear.
3. If the planholder rejects coverage after verification.
4. If the Agent's application for plan financing is rejected.
5. If DSP in its discretion determines to discontinue Advances for any reason.
Advance Requirements. Once the Agreement is certified, Contractor, prior to distribution of any advanced payment, must fulfill the following conditions:
1. All Agreement compliance requirements must be currently met (e.g., reports submitted and approved; corrective actions resolved; business tax and insurance certificates in place; prompt and properly documented invoicing; appropriate spend down);
2. The final invoice from the preceding fiscal year must be received prior to advance distribution; and
3. Advances from the preceding fiscal year must be repaid, in full, prior to any additional advance distribution.
Advance Requirements. Subject to the requirements of SECTION 2.3 below, Advances shall be made as follows:
