are satisfied. The Borrower shall, on or before the issuance, extension or renewal of such Letter of Credit, deposit and pledge Cash Collateral for each such Letter of Credit in an amount equal to 105% of the face value of such outstanding Letter of Credit plus the amount of fees that would be due under such Letter of Credit through the expiry date of such Letter of Credit. Such Cash Collateral shall be deposited pursuant to documentation reasonably satisfactory to the Administrative Agent and such Issuing Lender and the Borrower and shall be maintained in blocked deposit accounts at such Issuing Lender. The Borrower hereby grants to the applicable Issuing Lender a security interest in all Cash Collateral pledged to such Issuing Lender pursuant to this Section or otherwise under this Agreement. The Cash Collateral related to a particular Letter of Credit shall be released by the applicable Issuing Lender upon termination or expiration of such Letter of Credit and the reimbursement by the Loan Parties of all amounts drawn thereon and the payment in full of all fees accrued thereon through the date of such expiration or termination. After the Revolving Maturity Date, the Borrower shall pay any and all fees associated with any such Letter of Credit with an expiration date that extends beyond the Revolving Maturity Date directly to the applicable Issuing Lender.
are satisfied. The Special Sub-Servicer shall continue, however, to sub-service any and all Specially Serviced Mortgage Loans transferred to it prior to the date of this Agreement, including those Specially Serviced Mortgage Loans related to the Series identified in Exhibit B hereto, all in accordance with the terms and conditions hereof.
are satisfied. If the Borrower has so requested a Swingline Loan but the conditions for borrowing under SECTION 4.02 cannot in fact be fulfilled, (x) the Borrower shall give immediate notice (a “Noncompliance Notice”) thereof to the Administrative Agent and the Swingline Lender, and the Administrative Agent shall promptly provide each Lender with a copy of the Noncompliance Notice, and (y) the Required Lenders may direct the Swingline Lender to, and the Swingline Lender thereupon shall, cease making Swingline Loans (other than Permitted Overadvances) until such conditions can be satisfied or are waived in accordance with SECTION 9.02. Unless the Required Lenders so direct the Swingline Lender, the Swingline Lender may, but is not obligated to, continue to make Swingline Loans commencing one (1) Business Day after the Non-Compliance Notice is furnished to the Lenders. Notwithstanding the foregoing, no Swingline Loans (other than Permitted Overadvances) shall be made pursuant to this SECTION 2.06(b) if the aggregate outstanding amount of the Credit Extensions and Swingline Loans would exceed the amounts set forth in SECTION 2.01 hereof.
are satisfied. The Master Servicer shall notify the Trustee that any assumption and modification agreement has been completed by delivering to the Trustee an Officer's Certificate certifying that such agreement is in compliance with this Section 3.6 and by forwarding to the Document Custodian the original copy of such assumption and modification agreement. Any such assumption and modification agreement shall, for all purposes, be considered a part of the related Mortgage File to the same extent as all other documents and instruments constituting a part thereof. No change in the terms of the related Mortgage Loan may be made by the Master Servicer in connection with any such assumption to the extent that such change would not be 101 108 permitted to be made in respect of the original Mortgage Loan pursuant to Section 3.1(e). Any fee collected by the Master Servicer for entering into any such agreement will be retained by the Master Servicer as additional servicing compensation.
are satisfied. If the Borrower has so requested a Swingline Loan but the conditions for borrowing under SECTION 4.02 cannot in fact be fulfilled, (x) the Borrower shall give immediate notice (a “Noncompliance Notice”) thereof to the Administrative Agent and the Swingline Lender, and the Administrative Agent shall promptly provide each Lender with a copy of the Noncompliance Notice, and (y) the Required Lenders may direct the Swingline Lender to, and the Swingline Lender thereupon shall, cease making Swingline Loans (other than Permitted Overadvances) until such conditions can be satisfied or are waived in accordance with SECTION 9.02.
are satisfied. (a) The Borrower (i) shall be and shall remain the general partner, managing member, controlling shareholder or similar controlling entity of such Subsidiary (each such entity is hereinafter referred to as an "Additional Guarantor"), (ii) shall own and shall continue to own a controlling interest of the legal, beneficial and voting interests of such Additional Guarantor and (iii) shall have control over all major (including the decision to sell or encumber such Person's assets) and other day-to-day decisions with respect to the operation of such Additional Guarantor;
are satisfied. Upon the issuance of a Standby Letter of Credit, each Revolver Lender shall be deemed to have irrevocably and unconditionally purchased from the Issuing Bank, without recourse or warranty, an undivided Pro Rata interest and participation in all Standby LC Obligations relating to the Standby Letter of Credit. If the Issuing Bank makes any payment under a Standby Letter of Credit and the Borrowers do not reimburse such payment on the Reimbursement Date, the Administrative Agent shall promptly notify the Revolver Lenders and each Revolver Lender shall promptly (within one Business Day) and unconditionally pay to the Administrative Agent, for the benefit of the Issuing Bank, the Revolver Lender’s Pro Rata share of such payment which is not so reimbursed.
are satisfied. The Seller shall pay to the Agent the fees set forth in the Fee Letter and the expenses of the Agent (including legal fees) and shall deliver to the Agent the following documents in form, substance and quantity reasonably acceptable to the Agent, as applicable:
are satisfied. In Health Services where part time staff accrue days off and it can be demonstrated that the criteria is not being met, ADOs will not be offered to new part time employees until such times as the appropriate conditions are achieved. Records will need to be kept of why casual and agency staff are used. ADOs will be implemented by maintaining the contracted hours of the nurse and paying 5% less for the ADO accrual.
are satisfied. However, for the conditions listed at Article 8.1.2 and 8.1.4, the Seller has the right (but not the obligation) to waive such conditions and to handover the Apartment to the Buyer. With regard to the condition provided under Article 8.11, the Buyer is entitled (but not obliged) to waive this condition and proceed to accept the handover of the Apartment from the Seller.
