Common use of APPROVAL OF LOAN DOCUMENTS AND SECURITY INTERESTS Clause in Contracts

APPROVAL OF LOAN DOCUMENTS AND SECURITY INTERESTS. The approval and/or consent shall have been obtained from all Governmental Bodies and all other Persons whose approval or consent is necessary or required to enable Borrower to (i) enter into and perform its obligations under the Loan Documents, (ii) grant to Lender the Lender Lien and (iii) consummate the Advances.

Appears in 3 contracts

Samples: Loan and Security Agreement (PDS Gaming Corp), Loan and Security Agreement (MLC Holdings Inc), Loan and Security Agreement (PDS Financial Corp)

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APPROVAL OF LOAN DOCUMENTS AND SECURITY INTERESTS. The approval and/or consent shall have been obtained (and shall remain in effect) from all each Governmental Bodies Body and all other Persons whose approval or consent is necessary or required to enable Borrower or any initial Subsidiary to (i) enter into and perform its their respective obligations under the Loan Documents, (ii) grant to Lender the Lender Lien Security Interests and (iii) consummate the AdvancesLoan.

Appears in 1 contract

Samples: Loan Agreement (Fm Properties Inc)

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