CLOSING AND CONDITIONS PRECEDENT TO ADVANCES Sample Clauses

CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. Closing under this Agreement is subject to the following conditions precedent (all instruments, documents and agreements to be in form and substance satisfactory to Lender and Lender’s counsel):
AutoNDA by SimpleDocs
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. Closing under this Agreement is subject to the following conditions precedent (all documents to be in form and substance satisfactory to Agent and Agent's counsel):
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. Closing under this Agreement and the making of each Revolving Loan are subject to the following conditions precedent (all documents to be in form and substance satisfactory to Lender and Lender’s counsel):
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. Closing is subject to the following conditions precedent (all documents to be in form and substance satisfactory to Lender and Lender's counsel):
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. Closing under this Agreement is subject to the following conditions precedent (all instruments, documents and agreements to be in form and substance satisfactory to Administrative Agent and Lenders):
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. 29 4.1 Resolutions, Opinions, and Other Documents.................................................30 4.2 Absence of Certain Events..................................................................31 4.3 Warranties and Representations at Closing..................................................31 4.4 Compliance with this Agreement.............................................................31 4.5
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. 43 3.1 Resolutions, Opinions, and Other Documents......................43 3.2
AutoNDA by SimpleDocs
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. 23 4.1. Resolutions, Opinions and Other Documents 23 4.2. Absence of Certain Events 23 4.3. Warranties and Representations at Closing 23 4.4. Compliance with this Agreement 24 4.5. Officers’ Certificate 24 4.6. Closing 24 4.7. Waiver of Rights 24 4.8. Conditions for Future Advances 24 SECTION V. REPRESENTATIONS AND WARRANTIES 25 5.1. Organization and Validity 25 5.2. Places of Business 25 5.3. Pending Litigation 25 5.4. Title to Properties 26 5.5. Governmental Consent 26 5.6. Taxes 26 5.7. Financial Statements 26 5.8. Full Disclosure 26 5.9. Subsidiaries 26 5.10. Investments, Guarantees, Contracts, etc. 26 5.11. Government Regulations, etc. 27 5.12. Business Interruptions 28 5.13. Names and Intellectual Property 28 5.14. Other Associations 28 5.15. Environmental Matters 28 5.16. Regulation O 29 5.17. Capital Stock 29 5.18. Solvency 29 5.19. Perfection and Priority 29 5.20. Commercial Tort Claims 30 5.21. Letter of Credit Rights 30 5.22. Deposit Accounts 30 5.23. Anti-Terrorism Laws 30 5.24. Debarment 30 5.25. Government Contracts 31 SECTION VI. BORROWER’S AFFIRMATIVE COVENANTS 31 6.1. Payment of Taxes and Claims 31 6.2. Maintenance of Properties and Corporate Existence 31 6.3. Compliance with Laws 32 6.4. Business Conducted 32 6.5. Litigation 33 6.6. Issue Taxes 33 6.7. Bank Accounts 33 6.8. Employee Benefit Plans 33 6.9. Financial Covenant 33 6.10. Financial and Business Information 34 6.11. Officers’ Certificates 35 6.12. Audits and Inspection 35 6.13. Tax Returns, Financial Statements and Other Reports 36 6.14. Information to Participant 36 6.15. Material Adverse Developments 36 6.16. Places of Business 36 6.17. Commercial Tort Claims 36 6.18. Letter of Credit Rights 36 6.19. Government Contract Notices 37 6.20. Contract Assignments 37 6.21. New Subsidiaries 37 SECTION VII. BORROWER’S NEGATIVE COVENANTS: 38 7.1. Merger, Consolidation, Dissolution or Liquidation 38 7.2. Acquisitions 38 7.3. Liens and Encumbrances 38 7.4. Transactions With Affiliates or Subsidiaries 39 7.5. Guarantees 39 7.6. Distributions, Bonuses and Other Indebtedness 39 7.7. Loans and Investments 39 7.8. Use of Lenders’ Name 39 7.9. Miscellaneous Covenants 39 7.10. Jurisdiction of Organization 40 SECTION VIII. DEFAULT 40 8.1. Events of Default 40 8.2. Cure 42 8.3. Rights and Remedies on Default 42 8.4. Nature of Remedies 44 8.5. Set-Off 44 SECTION IX. MISCELLANEOUS 44 9.1. Governing Law 44 9.2. Integrated Agreement 45 9.3. Waiver 45 9.4. Indemnity 45 9.5. Time 46 9.6. Expenses of Lend...
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. 12 4.01 Resolutions, Opinions and Other Documents 12 4.02 Additional Preconditions to Revolving Loans 13 4.03 Closing 13 4.04 Non-Waiver of Rights 13
CLOSING AND CONDITIONS PRECEDENT TO ADVANCES. 12 4.1. RESOLUTIONS AND OTHER DOCUMENTS 12 4.2. ABSENCE OF CERTAIN EVENTS 13 4.3. WARRANTIES AND REPRESENTATIONS AT CLOSING 13 4.4. COMPLIANCE WITH THIS AGREEMENT 13 4.5. CLOSING 13 4.6. NO WAIVER OF RIGHTS 13 SECTION V. REPRESENTATIONS AND WARRANTIES 14 5.1. ORGANIZATION AND VALIDITY 13 5.2. PENDING LITIGATION 14 5.3. TITLE TO PROPERTIES 14 5.4. GOVERNMENTAL CONSENT 14 5.5. TAXES 15 5.6. FULL DISCLOSURE 15 5.7. SUBSIDIARIES 15 5.8. INVESTMENTS, GUARANTEES, CONTRACTS, ETC. 15 5.9. GOVERNMENT REGULATIONS, ETC. 15 5.10. BUSINESS INTERRUPTIONS 15 5.11. NAMES AND INTELLECTUAL PROPERTY 16 5.12. OTHER ASSOCIATIONS 16 5.13. ENVIRONMENTAL MATTERS 16 5.14. CAPITAL STOCK 17 5.15. SOLVENCY 17 5.16. PERFECTION AND PRIORITY 17
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!