Common use of Conditions Precedent to Restatement Effective Date Clause in Contracts

Conditions Precedent to Restatement Effective Date. The amendment and restatement of the Original Agreement on the terms and conditions set forth herein shall be subject to the conditions precedent that (i) the Administrative Agent shall have received on or before the Restatement Effective Date each of the documents, agreements (in fully executed form), opinions of counsel, UCC lien search results, UCC filings, certificates (including a closing certificate from the Borrower substantially in the form set forth on Exhibit H hereto) and other deliverables listed on the closing memorandum attached as Schedule 8 hereto, in each case, in form and substance acceptable to the Administrative Agent, and (ii) all fees and expenses payable by the Borrowers on or prior to the Restatement Effective Date have been received or will be received contemporaneously with the Restatement Effective Date.