Conditions Precedent to Revolving Loans. The obligation of each Lender to fund any Revolving Loan and of each Issuer to issue a Letter of Credit on the occasion of any Borrowing (including the initial Borrowing) shall be subject to the satisfaction of each of the conditions precedent set forth in this Section 5.2.
Conditions Precedent to Revolving Loans. The obligation of the Lender to make any Revolving Loan shall be subject to the fulfillment to the satisfaction of the Lender of the conditions precedent that, on the Funding Date for such Revolving Loan:
Conditions Precedent to Revolving Loans. 5 Section 4.1 Conditions Precedent to Revolving Loans 5 (i) No Event of Default 5 (ii) Total Outstanding Revolving Loans 5 (iii) Borrowing Notice Certificate 5 ARTICLE V COVENANTS 6 Section 5.1 Proceeds 6 Section 5.2 Seniority 6 ARTICLE VI EVENTS OF DEFAULT 6 Section 6.1 Events of Default 6
Conditions Precedent to Revolving Loans. Following the Closing Date, any obligation of Lender to make any Revolving Loan shall be subject to the satisfaction of each of the following conditions precedent as determined by Xxxxxx in its sole discretion (unless waived by Xxxxxx in its sole discretion):
Conditions Precedent to Revolving Loans. The obligation of the Lender to make Revolving Loans on or after the Closing Date and prior to the Maturity Date shall, in addition to the fulfillment of the conditions set forth in Section 5.1 above, be subject to the following:
Conditions Precedent to Revolving Loans. The obligation of any Agent or any Lender to make any Revolving Loan (other than Revolving Loans made pursuant to Section 3.03) or of any Agent to issue any Support Agreement or of any LC Issuer to issue any Lender Letter of Credit after the Effective Date is subject to the fulfillment, of each of the following conditions precedent:
Conditions Precedent to Revolving Loans. 22 Section 4.1. Conditions of Initial Credit Event 22 Section 4.2. Conditions to Each Credit Event 23 ARTICLE V REPRESENTATIONS AND WARRANTIES 23 Section 5.1. Existence; Power 24 Section 5.2. Organizational Power; Authorization 24 Section 5.3. No Conflicts 24 Section 5.4. Financial Statements; No Material Adverse Effect 24 Section 5.5. Litigation and Environmental Matters 24 Section 5.6. Compliance with Laws and Agreements 25 Section 5.7. Governmental Approvals 25 Section 5.8. Investment Company Act 25 Section 5.9. Taxes 25 Section 5.10. Margin Regulations 25 Section 5.11. Ownership of Property; Insurance 25 Section 5.12. Disclosure 26 Section 5.13. Labor Relations 26 Section 5.14. Subsidiaries 26 Section 5.15. Solvency 26 Section 5.16. Senior Indebtedness under Subordinated Debenture Indentures 26 Section 5.17. Anti-Corruption Laws and Sanctions 27
Conditions Precedent to Revolving Loans. 16 Section 3.1. Conditions To Initial Revolving Loan 16 Section 3.2. Each Revolving Loan 17 ARTICLE IV REPRESENTATIONS AND WARRANTIES 18 Section 4.1. Existence; Power 18 Section 4.2. Organizational Power; Authorization 18 Section 4.3. Governmental Approvals; No Conflicts 18 Section 4.4. Financial Statements 18 Section 4.5. Litigation Matters 19 Section 4.6. Compliance with Laws and Agreements 19 Section 4.7. Investment Company Act, Etc 19 Section 4.8. Taxes 19 Section 4.9. Margin Regulations 19 Section 4.10. ERISA 19 Section 4.11. Disclosure 20 Section 4.12. Subsidiaries 20 Section 4.13. Dividend Restrictions; Other Restrictions. 20 Section 4.14. Ownership of Property 20 Section 4.15. Well Capitalized 20 Section 4.16. FDIC Insurance 21 ARTICLE V AFFIRMATIVE COVENANTS 21 Section 5.1. Financial Statements and Other Information 21 Section 5.2. Notices of Material Events 22 Section 5.3. Existence; Conduct of Business 23 Section 5.4. Compliance with Laws, Etc 23 Section 5.5. Payment of Obligations 23 Section 5.6. Books and Records 23 Section 5.7. Visitation, Inspection, Etc 23 Section 5.8. Maintenance of Properties; Insurance 23 Section 5.9. Use of Proceeds 24 Section 5.10. Pledge of Capital Stock 24 ARTICLE VI FINANCIAL COVENANTS 24 Section 6.1. Return on Average Total Assets 24 Section 6.2. Nonperforming Assets 24 Section 6.3. Allowance for Loan and Lease Losses to Nonperforming Loans 24 Section 6.4. Tangible Equity Ratio 25 Section 6.5. Capital Ratios 25 ARTICLE VII NEGATIVE COVENANTS 25 Section 7.1. Indebtedness 25 Section 7.2. Negative Pledge 26 Section 7.3. Fundamental Changes. 26 Section 7.4. Restricted Payments 27 Section 7.5. Restrictive Agreements 27 Section 7.6. Hedging Agreements 27 Section 7.7. Accounting Changes 28 Section 7.8. Transactions with Affiliates 28 ARTICLE VIII EVENTS OF DEFAULT 28 Section 8.1. Events of Default 28 ARTICLE IX MISCELLANEOUS 31 Section 9.1. Notices. 31 Section 9.2. Waiver; Amendments. 32 Section 9.3. Expenses; Indemnification. 32 Section 9.4. Successors and Assigns. 33 Section 9.5. Governing Law; Jurisdiction; Consent to Service of Process. 34 Section 9.6. WAIVER OF JURY TRIAL 35 Section 9.7. Right of Setoff 35 Section 9.8. Counterparts; Integration 35 Section 9.9. Survival 36 Section 9.10. Severability 36 Section 9.11. Interest Rate Limitation 36 Schedules Schedule 4.2 - Subsidiaries Schedule 7.1 - Outstanding Indebtedness Exhibits Exhibit A - Revolving Credit Note Exhibit 2.2 - Notice of Revolving Borrowing REVOLVING CR...
Conditions Precedent to Revolving Loans. Section 3.1. Conditions to Initial Revolving Loan 12 Section 3.2. Each Revolving Loan 12
Conditions Precedent to Revolving Loans. 75 SECTION 3.03 CONDITIONS PRECEDENT TO THE CEREDO EFFECTIVE DATE.........75
