BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 3 are for the sole benefit of the Agent and each Revolving Credit Lender and may be waived by the Administrative Agent in whole or in part without prejudice to the Agent or any Revolving Credit Lender. No document shall be deemed delivered to the Agents or any Revolving Credit Lender until received and accepted by the Administrative Agent at its offices in Cleveland, Ohio. Under no circumstances shall this Agreement take effect until executed and accepted by the Agents.
Appears in 4 contracts
Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Value City Department Stores Inc /Oh), Loan and Security Agreement (DSW Inc.)
BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 3 are for the sole benefit of the Agent and each Revolving Credit Lender and may be waived by the Administrative Agent in whole or in part without prejudice to the Agent or any Revolving Credit Lender. No document shall be deemed delivered to the Agents Agent or any Revolving Credit Lender until received and accepted by the Administrative Agent at its offices in Cleveland, Ohio. Under no circumstances shall this Agreement take effect until executed and accepted by the AgentsAgent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (DSW Inc.)
