Common use of Conditions as Covenants Clause in Contracts

Conditions as Covenants. If the Lenders effect or permit the occurrence of the first Credit Event hereunder prior to the satisfaction of all conditions precedent set forth in Sections 5.1 and 5.2, the Borrower shall nevertheless cause such condition or conditions to be satisfied within five (5) Business Days after the occurrence of such Credit Event. Unless set forth in writing to the contrary prior to the making of its initial Loan hereunder, the making of its initial Loan by a Lender shall constitute a certification by such Lender to the Administrative Agent and the other Lenders that the Borrower has satisfied the conditions precedent for the occurrence of the initial Credit Event set forth in Sections 5.1 and 5.2.

Conditions as Covenants. If the Lenders effect or permit the occurrence of the first Credit Event hereunder prior to the satisfaction of all conditions precedent set forth in Sections 5.1 5.1. and 5.2., the Borrower shall nevertheless cause such condition or conditions to be satisfied within five (5) 5 Business Days after the occurrence of such Credit Event. Unless set forth in writing to the contrary prior to the making of its initial Loan hereunder, the making of its initial Loan by a Lender shall constitute a certification by such Lender to the Administrative Agent and the other Lenders that the Borrower has satisfied the conditions precedent for the occurrence of the initial Credit Event set forth in Sections 5.1 5.1. and 5.2.

Conditions as Covenants. If the Lenders Lender Parties effect or permit the occurrence of the first Credit Event hereunder prior to the satisfaction of all conditions precedent set forth in Sections 5.1 and 5.2, the Borrower shall nevertheless cause such condition or conditions to be satisfied within five (5) Business Days after the occurrence of such Credit Event. Unless set forth in writing to the contrary prior to the making of its initial Loan hereunder, the making of its initial Loan by a Lender Party shall constitute a certification by such Lender Party to the Administrative Agent and the other Lenders Lender Parties that the Borrower has satisfied the conditions precedent for the occurrence of the initial Credit Event set forth in Sections 5.1 and 5.2.