Common use of Conditions as Covenants Clause in Contracts

Conditions as Covenants. If Lenders make the Term Loans prior to the satisfaction of all conditions precedent set forth in Section 5.1., Borrower shall nevertheless cause such condition or conditions to be satisfied within five Business Days after the date of the making of such Loans.

Appears in 1 contract

Samples: Term Loan Agreement (Security Capital Group Inc/)

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Conditions as Covenants. If the Lenders make the Term any Loans prior to the satisfaction of all conditions precedent set forth in Section 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 date of the making of such LoansLoans unless waived as permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

Conditions as Covenants. If the Lenders make the Term any Interim Loans prior to the satisfaction of all conditions precedent set forth in Section Sections 5.1., the Borrower shall nevertheless cause such condition or conditions to be satisfied within five 5 Business Days after the date of the making of such Interim Loans.

Appears in 1 contract

Samples: Interim Loan Agreement (Hospitality Properties Trust)

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Conditions as Covenants. If Lenders make the Term Loans initial Revolving Loan prior to the satisfaction of all conditions precedent set forth in Section 5.14.1., Borrower shall nevertheless cause such condition or conditions to be satisfied within five Business Days after the date of the making of such Loansinitial Revolving Loan.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Group Inc/)

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