Capital Structure: Other Indebtedness. The capital structure of each Credit Party and the terms and conditions of all Indebtedness of each Credit Party shall be acceptable to Agent in its sole discretion.
Capital Structure: Other Indebtedness. The capital structure of each Loan Party and Subsidiary and the terms and conditions of all Indebtedness of each Loan Party and Subsidiary shall be acceptable to Lender in its sole discretion.
Capital Structure: Other Indebtedness. The organizational documents, terms of equity interests, ownership, capital, corporate, tax and legal structure of each Credit Party and the terms and conditions of all Indebtedness of each Credit Party shall be reasonably acceptable to Agent.
Capital Structure: Other Indebtedness. The capital structure of Borrower and each of its Subsidiaries and the terms and conditions of all Indebtedness of Borrower and each of its Subsidiaries shall be acceptable to Agent in its sole discretion.
Capital Structure: Other Indebtedness. The capital structure of each Sotheby Entity and the terms and conditions of all Indebtedness of each Sotheby Entity shall be acceptable to Agent in its sole discretion.
Capital Structure: Other Indebtedness. The capital structure of each Credit Party, the corporate structure of the Credit Parties, the terms and conditions of all Indebtedness of each Credit Party, and all governing organizational documents of the Credit Parties, as well as the tax effects resulting from the Closing Date Theatre Contribution, shall be reasonably acceptable to Agent in its sole discretion.
Capital Structure: Other Indebtedness. The capital structure of the Borrower and the terms and conditions of all Indebtedness of the Borrower shall be acceptable to the Bank in its reasonable discretion.
Capital Structure: Other Indebtedness. The capital structure of each Credit Party and the terms and conditions of all Indebtedness (including, without limitation, in respect of the Lebanon IRBs, the IRB Lease Agreement and the IRB Indenture) of each Credit Party shall be acceptable to Agent in its sole discretion.
Capital Structure: Other Indebtedness. The capital structure of each Credit Party and the terms and conditions of all Indebtedness of each Credit Party shall be acceptable to Agent in its reasonable discretion. Without limiting the generality of the foregoing, the aggregate outstanding principal drawn down amount of, and, without duplication, the undrawn face amount of letters of credit and contingent obligations with respect to guaranties and similar obligations issued in relation or pursuant to, all Foreign Credit Lines on the Closing Date shall not exceed the Dollar Equivalent of $45,000,000;
Capital Structure: Other Indebtedness. The capital structure of each Credit Party and GCRC and the terms and conditions of all Indebtedness of each Credit Party shall be acceptable to Agent in its sole discretion. Due Diligence. Agent shall have completed its business and legal due diligence, including a roll forward of its previous Collateral audit, with results reasonably satisfactory to Agent.
