CONDITIONS PRECEDENT TO CLOSING DATE AND TO CREDIT EXTENSIONS Sample Clauses

CONDITIONS PRECEDENT TO CLOSING DATE AND TO CREDIT EXTENSIONS. 46 4.01 Conditions of Closing and Initial Credit Extension 46 4.02 Conditions to all Credit Extensions 48 ARTICLE V REPRESENTATIONS AND WARRANTIES 48 5.01 Corporate Existence and Power 48 5.02 Corporate and Governmental Authorization; No Contravention; No Default 48 5.03 Binding Effect 49 5.04 Financial Information 49 5.05 Litigation 49 5.06 Compliance with ERISA 49 5.07 Environmental Matters 50 5.08 Taxes 50 5.09 Subsidiaries 50 5.10 Regulatory Restrictions on Borrowing; Margin Regulations 50 5.11 Full Disclosure 50 5.12 Compliance with Laws 50 5.13 Contribution and IPO 51 5.14 Ownership of Property; No Liens; Insurance 51 5.15 Solvency 51 5.16 Patriot Act 51 5.17 Anti-Corruption Laws and Sanctions 51 5.18 Compliance with Material Agreements 51 ARTICLE VI AFFIRMATIVE COVENANTS 52 6.01 Information; Notices of Material Events 52 6.02 Payment of Taxes and Obligations 54 6.03 Maintenance of Property; Insurance 54 6.04 Conduct of Business and Maintenance of Existence 54 6.05 Compliance with Laws 54 6.06 Inspection of Property, Books and Records 54 6.07 Use of Proceeds 55 6.08 Governmental Approvals and Filings 55 6.09 Material Contracts 55 6.10 Guarantee Matters 55 6.11 Subsidiaries 56 ARTICLE VII NEGATIVE COVENANTS 56 7.01 Liens 56 7.02 Financial Covenants 58 7.03 Transactions with Affiliates 58 7.04 Restricted Payments 59 7.05 Mergers and Fundamental Changes 59 7.06 Change in Nature of Business 59 7.07 Use of Proceeds 59 7.08 Dispositions 59 7.09 Debt 60 7.10 Investments 61 7.11 Changes in Fiscal Year; Organization Documents 62 7.12 Subsidiaries 62 7.13 Swap Contracts 63 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES 63 8.01 Events of Default 63 8.02 Remedies Upon Event of Default 64 8.03 Application of Funds 65 ARTICLE IX ADMINISTRATIVE AGENT 66 9.01 Appointment and Authorization of Administrative Agent 66 9.02 Rights as a Lender 66 9.03 Exculpatory Provisions 66 9.04 Reliance by Administrative Agent 67 9.05 Indemnification of Administrative Agent 67 9.06 Delegation of Duties 67 9.07 Resignation of Administrative Agent 68 9.08 Non-Reliance on Administrative Agent and Other Lenders 68
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CONDITIONS PRECEDENT TO CLOSING DATE AND TO CREDIT EXTENSIONS. 4.01 Conditions of Closing Date and Initial Credit Extension. The obligation of each Lender to make its initial Credit Extension, hereunder is subject to satisfaction of the following conditions precedent:
Sample 1
CONDITIONS PRECEDENT TO CLOSING DATE AND TO CREDIT EXTENSIONS. 72 4.01. Conditions of Closing Date and Initial Credit Extension. 72 4.02. Conditions to all Credit Extensions. 74 ARTICLE V REPRESENTATIONS AND WARRANTIES 74 5.01. Corporate Existence and Power. 75 5.02. Corporate and Governmental Authorization; No Contravention. 75 5.03. Binding Effect. 75 5.04. Financial Information. 75 5.05. Litigation. 76 5.06. [Reserved]. 76 5.07. Compliance with ERISA. 76 5.08. Environmental Matters. 76 5.09. Taxes. 76 5.10. Subsidiaries. 76 5.11. Regulatory Restrictions on Borrowing; Margin Regulations. 77 5.12. Full Disclosure. 77 5.13. Compliance with Laws. 77 5.14. Material Contracts. 77 5.15. Anti-Terrorism Laws. 77 5.16. [Reserved]. 78 5.17. Compliance with FCPA. 78 5.18. Perfection of Security Interests in Incremental Term Loan Cash Collateral. 78 5.19. Solvency. 78 5.20. Affected Financial Institutions. 78 ARTICLE VI AFFIRMATIVE COVENANTS 78 6.01. Information. 78 6.02. Payment of Taxes. 81
Sample 1
CONDITIONS PRECEDENT TO CLOSING DATE AND TO CREDIT EXTENSIONS 
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Related to CONDITIONS PRECEDENT TO CLOSING DATE AND TO CREDIT EXTENSIONS

  • Conditions Precedent to Credit Extensions 45 4.01 Conditions of Initial Credit Extension...........................................................45 4.02 Conditions to all Credit Extensions..............................................................46

  • Conditions Precedent to Initial Credit Extension Bank’s obligation to make the initial Credit Extension is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, such documents, and completion of such other matters, as Bank may reasonably deem necessary or appropriate, including, without limitation:

  • Conditions Precedent to all Credit Extensions The obligation of Bank to make each Credit Extension, including the initial Credit Extension, is further subject to the following conditions:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to Initial Borrowing The initial Borrowing under this Agreement is subject to the satisfaction of the following conditions precedent, except as otherwise agreed between the Borrower and the Administrative Agent.

  • Conditions Precedent to Borrowings 5.1 Conditions Precedent to the Initial Borrowing of TBC 37 5.2 Conditions Precedent to Each Committed Borrowing of TBC 38 5.3 Conditions Precedent to Each Bid Borrowing of TBC 38 5.4 Conditions Precedent to the Initial Borrowing of a Subsidiary Borrower 39 5.5 Conditions Precedent to Each Committed Borrowing of a Subsidiary Borrower 39 5.6 Conditions Precedent to Each Bid Borrowing of a Subsidiary Borrower 40

  • Conditions Precedent to the Loans The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received on or before the Execution Date (other than with respect to paragraphs (11), (14) and (18) below, which shall be required by the Closing Date) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions Precedent to All Borrowings The obligation of each Lender to make an Advance on the occasion of each Borrowing and of the Issuing Lender to issue, increase, or extend any Letter of Credit shall be subject to the further conditions precedent that on the date of such Borrowing or the date of the issuance, increase, or extension of such Letter of Credit:

  • Conditions Precedent to Borrowing The obligation of the Liquidity Provider to make an Advance on the occasion of each Borrowing shall be subject to the conditions precedent that the Effective Date shall have occurred and, prior to the date of such Borrowing, the Borrower shall have delivered a Notice of Borrowing which conforms to the terms and conditions of this Agreement and has been completed as may be required by the relevant form of the Notice of Borrowing for the type of Advances requested.

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

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