Common use of BENEFIT OF CONDITIONS PRECEDENT Clause in Contracts

BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 4 are for the sole benefit of the Agent, each Revolving Credit Lender and each Term Loan Lender and may be waived by the Agent (in consultation with the Lenders), in whole or in part without prejudice to the Agent, any Revolving Credit Lender or any Term Loan Lender. No document shall be deemed delivered to the Agent, any Revolving Credit Lender or any Term Loan Lender until received and accepted by the Agent at its offices in Boston, Massachusetts. The execution and delivery of this Agreement or any other Loan Document shall not be deemed a waiver of any of the conditions set forth in this Article 4. Under no circumstances shall this Agreement take effect until executed and accepted by the Agent at said offices. For purposes of determining compliance with the conditions specified in this Article 4, each Revolving Credit Lender and Term Loan Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Revolving Credit Lender or Term Loan Lender unless the Agent shall have received notice from such Revolving Credit Lender or Term Loan Lender prior to the proposed Restatement Effective Date specifying its objections thereto.

BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 4 are for the sole benefit of the Agent, Agent and each Revolving Credit Lender and each Term Loan Lender and may be waived by the Agent (in consultation with the Lenders), in whole or in part without prejudice to the Agent, Agent or any Revolving Credit Lender or any Term Loan Lender. No document shall be deemed delivered to the Agent, Agent or any Revolving Credit Lender or any Term Loan Lender until received and accepted by the Agent at its offices in Boston, Massachusetts. The execution and delivery of this Agreement or any other Loan Document shall not be deemed a waiver of any of the conditions set forth in this Article 4. Under no circumstances shall this Agreement take effect until executed and accepted by the Agent at said offices. For purposes of determining compliance with the conditions specified in this Article 4, each Revolving Credit Lender and Term Loan Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Revolving Credit Lender or Term Loan Lender unless the Agent shall have received notice from such Revolving Credit Lender or Term Loan Lender prior to the proposed Restatement Effective Date specifying its objections thereto.