Bailee Waivers. Within sixty (60) days of the Closing Date (or such later date approved by Administrative Agent), the Borrower shall use commercially reasonable efforts to obtain and deliver to Administrative Agent a bailee waiver for each location for which a bailee arrangement is in place, which agreements shall be reasonably satisfactory in form and substance to Administrative Agent.
Appears in 4 contracts
Samples: Second Lien Credit Agreement (Teligent, Inc.), Second Lien Credit Agreement (Teligent, Inc.), First Lien Revolving Credit Agreement (Teligent, Inc.)
