Common use of Conditions Term of Agreement Clause in Contracts

Conditions Term of Agreement. 31 3.1 Conditions Precedent to the Initial Extension of Credit 31 3.2 Conditions Precedent to all Extensions of Credit 31 3.3 Maturity 32 3.4 Effect of Maturity 32 3.5 Early Termination by Borrowers 32 4. REPRESENTATIONS AND WARRANTIES. 32 4.1 Due Organization and Qualification; Subsidiaries 32 4.2 Due Authorization; No Conflict. 33 4.3 Governmental Consents 33 4.4 Binding Obligations; Perfected Liens 34 4.5 Title to Assets; No Encumbrances 34 4.6 Jurisdiction of Organization; Location of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 No Material Adverse Change 35 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 Complete Disclosure 36 4.17 Material Contracts 36 4.18 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Payment of Taxes 37 4.21 Margin Stock 37 4.22 Governmental Regulation 37 4.23 OFAC 37 4.24 Employee and Labor Matters 38 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 5. AFFIRMATIVE COVENANTS. 39 5.1 Financial Statements, Reports, Certificates 39 5.2 Collateral Reporting 39 5.3 Existence 39 5.4 Maintenance of Properties 39 5.5 Taxes 39 5.6 Insurance 40 5.7 Inspection 40 5.8 Compliance with Laws 40 5.9 Environmental 40 5.10 Reserved 41 5.11 Formation of Subsidiaries 41 5.12 Further Assurances 42 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 Location of Inventory and Equipment 42 6. NEGATIVE COVENANTS. 43 6.1 Indebtedness 43 6.2 Liens 43 6.3 Restrictions on Fundamental Changes. 43 6.4 Disposal of Assets 43 6.5 Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt and Amendments 44 6.8 Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 46

Conditions Term of Agreement. 31 3.1 20 3.1. Conditions Precedent to the Initial Extension of Credit 31 3.2 20 3.2. Conditions Precedent to all Extensions of Credit 31 3.3 20 3.3. Maturity 32 3.4 21 3.4. Effect of Maturity 32 3.5 21 3.5. Early Termination by Borrowers 32 21 4. REPRESENTATIONS AND WARRANTIES. 32 4.1 21 4.1. Due Organization and Qualification; Subsidiaries 32 4.2 Qualification 22 4.2. Due Authorization; No ConflictConflict 22 4.3. 33 4.3 Governmental Consents 33 4.4 23 4.4. Binding Obligations; Perfected Liens 34 4.5 Liens. 23 4.5. Title to Assets; No Encumbrances 34 4.6 Jurisdiction 24 4.6. Litigation. 24 4.7. Compliance with Laws 24 4.8. No Material Adverse Effect 24 4.9. Reserved. 24 4.10. Employee Benefits 24 4.11. Environmental Condition 25 4.12. Complete Disclosure 25 4.13. Patriot Act 26 4.14. Reserved 26 4.15. Payment of Organization; Location Taxes 26 4.16. Margin Stock 26 4.17. Governmental Regulation 26 4.18. OFAC 27 4.19. Employee and Labor Matters 27 4.20. Reserved. 27 4.21. Reserved 27 4.22. Eligible Accounts 27 4.23. Locations of Chief Executive Office and Tangible Assets; Organizational Identification Number; Commercial Tort Claims 34 4.7 Litigation 35 4.8 Compliance with Laws 35 4.9 No Material Adverse Change 35 4.10 Solvency 35 4.11 Employee Benefits 35 4.12 Environmental Condition 35 4.13 Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 Complete Disclosure 36 4.17 Material Contracts 36 4.18 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Payment of Taxes 37 4.21 Margin Stock 37 4.22 Governmental Regulation 37 4.23 OFAC 37 4.24 Employee and Labor Matters 38 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 28 4.24. Financing Order 28 5. AFFIRMATIVE COVENANTS. 39 5.1 28 5.1. Financial Statements, Reports, Certificates 39 5.2 Collateral 28 5.2. Reporting 39 5.3 28 5.3. Existence 39 5.4 28 5.4. Maintenance of Properties 39 5.5 29 5.5. Taxes 39 5.6 29 5.6. Insurance 40 5.7 29 5.7. Inspection 40 5.8 30 5.8. Compliance with Laws 40 5.9 30 5.9. Environmental 40 5.10 Reserved 41 5.11 Formation of Subsidiaries 41 5.12 30 5.10. Disclosure Updates 31 5.11. Further Assurances 42 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 31 5.12. Reserved 31 5.13. Location of Inventory and Equipment 42 Chief Executive Office 31 5.14. Reserved 32 5.15. Chief Restructuring Officer 32 5.16. Sale Milestones 32 5.17. Bankruptcy Matters 32 6. NEGATIVE COVENANTS. 43 6.1 32 6.1. Indebtedness 43 6.2 32 6.2. Liens 43 6.3 32 6.3. Restrictions on Fundamental ChangesChanges 32 6.4. 43 6.4 Disposal of Assets 43 6.5 Change Name 44 6.6 32 6.5. Nature of Business 44 6.7 Certain Payments of Debt 33 6.6. Prepayments and Amendments 44 6.8 33 6.7. Restricted Payments 33 6.8. Accounting Methods 33 6.9. Investments 33 6.10. Transactions with Affiliates 34 6.11. Use of Proceeds 34 6.12. Limitation on Issuance of Equity Interests 34 6.13. Change Name 34 6.14. Reserved. 34 6.15. Financing Order 35 7. FINANCIAL COVENANTS. 35 8. EVENTS OF DEFAULT. 35 8.1. Payments 35 8.2. Covenants 36 8.3. Judgments 36 8.4. Reserved 36 8.5. Reserved 36 8.6. Reserved. 36 8.7. Representations, etc 36 8.8. Guaranty 36 8.9. Security Documents 36 8.10. Loan Documents 36 8.11. Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 4637 8.12. Reserved 37 8.13. Reserved 37 8.14. Reserved 37 8.15. Curtailment of Business 37 8.16. Reserved 37 8.17. Reserved. 37 8.18. Reserved 37 8.19. Bankruptcy Defaults 37

Conditions Term of Agreement. 31 3.1 Conditions 9 3.1.Conditions Precedent to the Initial Extension of Credit 31 3.2 Conditions Precedent to all Extensions of Credit 31 3.3 Maturity 32 3.4 Effect 9 3.2.[Reserved] 9 3.3.Maturity 9 3.4.Effect of Maturity 32 3.5 Early Termination by Borrowers 32 4. REPRESENTATIONS 9 3.5.[Reserved] 10 4.REPRESENTATIONS AND WARRANTIES. 32 4.1 Due 10 4.1.Due Organization and Qualification; Subsidiaries 32 4.2 Due Qualification 10 4.2.Due Authorization; No Conflict. 33 4.3 Governmental 10 4.3.Governmental Consents 33 4.4 Binding 10 4.4.Binding Obligations; Perfected Liens 34 4.5 Title 10 4.5.Title to Assets; No Encumbrances 34 4.6 Jurisdiction 11 4.6.Jurisdiction of Organization; Location of Chief Executive Office and Tangible AssetsOffice; Organizational Identification Number; Commercial Tort Claims 34 4.7 Litigation 35 4.8 Compliance Claims. 11 4.7.Litigation 11 4.8.Compliance with Laws 35 4.9 11 4.9.Historical Financial Statements; No Material Adverse Change 35 4.10 Solvency 35 4.11 Employee 11 4.10.Fraudulent Transfer. 12 4.11.Employee Benefits 35 4.12 Environmental 12 4.12.Environmental Condition 35 4.13 Intellectual 12 4.13.Intellectual Property 36 4.14 Leases 36 4.15 Deposit Accounts and Securities Accounts 36 4.16 Complete 12 4.14.Leases 12 4.15.Reserved 12 4.16.Complete Disclosure 36 4.17 Material Contracts 36 4.18 Patriot Act; etc 37 4.19 [Reserved] 37 4.20 Payment 12 4.17.Reserved 13 4.18.Patriot Act 13 4.19.Reserved 13 4.20.Payment of Taxes 37 4.21 Margin 13 4.21.Margin Stock 37 4.22 Governmental 13 4.22.Governmental Regulation 37 4.23 OFAC 37 4.24 Employee and Labor Matters 38 4.25 Eligible Accounts 38 4.26 Eligible Inventory 38 4.27 Locations of Inventory and Equipment 38 4.28 Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 5. AFFIRMATIVE 13 4.23.OFAC 13 4.24.Reserved 14 4.25.Reserved 14 4.26.Senior Indebtedness 14 5.AFFIRMATIVE COVENANTS. 39 5.1 Financial 14 0.0.Xxxxxxxxx Statements, Reports, Certificates 39 5.2 Collateral Reporting 39 5.3 Existence 39 5.4 Maintenance 14 5.2.[Reserved] 14 5.3.Existence 14 5.4.Maintenance of Properties 39 5.5 Taxes 39 5.6 Insurance 40 5.7 Inspection 40 5.8 Compliance 14 5.5.Taxes 14 0.0.Xxxxxxxxx 14 5.7.Inspection 15 5.8.Compliance with Laws 40 5.9 Environmental 40 5.10 Reserved 41 5.11 Formation 15 5.9.Environmental 15 5.10.Disclosure Updates 16 5.11.Formation of Subsidiaries 41 5.12 Further 16 5.12.Further Assurances 42 5.13 Lender Meetings 42 5.14 Material Contracts 42 5.15 Location of Inventory and Equipment 42 6. NEGATIVE 16 6.NEGATIVE COVENANTS. 43 6.1 Indebtedness 43 6.2 Liens 43 6.3 Restrictions 17 6.1.Reserved 17 6.2.Liens 17 6.3.Restrictions on Fundamental Changes. 43 6.4 Disposal 17 6.4.Disposal of Assets 43 6.5 Change 17 6.5.Change Name 44 6.6 Nature of Business 44 6.7 Certain Payments of Debt and Amendments 44 6.8 Change 17 6.6.Reserved 17 6.7.Reserved 17 6.8.Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting 17 6.9.Reserved 17 6.10.Accounting Methods 46 6.11 Investments17 6.11.Reserved 17 6.12.Reserved 17 6.13.Use of Proceeds 18 0.XXXXXXXXX COVENANTS. 18 0.XXXXXX OF DEFAULT. 18 9.RIGHTS AND REMEDIES. 20 9.1.Rights and Remedies 20 9.2.Remedies Cumulative 20 10.WAIVERS; Controlled Investments 46INDEMNIFICATION. 20 10.1.Demand; Protest; etc 20 10.2.The Lender Group’s Liability for Collateral 21 10.3.Indemnification 21

Conditions Term of Agreement. 31 3.1 30 3.1. Conditions Precedent to the Initial Extension of Credit 31 3.2 30 3.2. Conditions Precedent to all Extensions of Credit 30 3.3. Maturity 31 3.3 Maturity 32 3.4 3.4. Effect of Maturity 32 3.5 31 3.5. Early Termination by Borrowers 32 31 4. REPRESENTATIONS AND WARRANTIES. 32 4.1 31 4.1. Due Organization and Qualification; Subsidiaries Subsidiaries. 32 4.2 4.2. Due Authorization; No Conflict. 33 4.3 32 4.3. Governmental Consents 33 4.4 4.4. Binding Obligations; Perfected Liens 34 4.5 Liens. 33 4.5. Title to Assets; No Encumbrances 34 4.6 33 4.6. Jurisdiction of Organization; Location of Chief Executive Office and Tangible AssetsOffice; Organizational Identification Number; Commercial Tort Claims Claims. 33 4.7. Litigation. 34 4.7 Litigation 35 4.8 4.8. Compliance with Laws 35 4.9 34 4.9. No Material Adverse Change 34 4.10. Fraudulent Transfer. 35 4.10 Solvency 35 4.11 4.11. Employee Benefits 35 4.12 4.12. Environmental Condition 35 4.13 4.13. Intellectual Property 36 4.14 35 4.14. Leases 36 4.15 35 4.15. Deposit Accounts and Securities Accounts 36 4.16 4.16. Complete Disclosure 36 4.17 4.17. Material Contracts 36 4.18 4.18. Patriot Act; etc Act 36 4.19. Indebtedness 37 4.19 [Reserved] 37 4.20 4.20. Payment of Taxes 37 4.21 4.21. Margin Stock 37 4.22 4.22. Governmental Regulation 37 4.23 4.23. OFAC 37 4.24 4.24. Employee and Labor Matters 38 4.25 4.25. Intentionally Deleted 38 4.26. Intentionally Deleted 38 4.27. Eligible Accounts 38 4.26 4.28. Eligible Inventory 38 4.27 4.29. Eligible Trademarks 39 4.30. Eligible Real Property 39 4.31. Locations of Inventory and Equipment 38 4.28 39 4.32. Inventory Records 38 4.29 Common Enterprise 38 4.30 Eligible Equipment 39 4.31 Eligible Real Property 39 4.32 Specified Equipment Lease Documents 39 5. AFFIRMATIVE COVENANTS. 39 5.1 5.1. Financial Statements, Reports, Certificates 39 5.2 5.2. Collateral Reporting 39 5.3 5.3. Existence 39 5.4 5.4. Maintenance of Properties 39 5.5 40 5.5. Taxes 39 5.6 Insurance 40 5.7 5.6. Insurance. 40 5.7. Inspection 40 5.8 41 5.8. Compliance with Laws 40 5.9 Environmental 40 5.10 Reserved 41 5.11 42 5.9. Environmental. 42 5.10. Disclosure Updates 42 5.11. Formation of Subsidiaries 41 5.12 43 5.12. Further Assurances 42 5.13 44 5.13. Lender Meetings 42 5.14 44 5.14. Material Contracts 42 5.15 44 5.15. Location of Inventory and Equipment 42 44 5.16. Bills of Lading and Other Documents of Title. 44 5.17. Assignable Material Contracts 45 5.18. Applications under Insolvency Statutes 45 5.19. Cash Management System 45 5.20. UK Bank Accounts 45 5.21. Post Closing Matters 46 6. NEGATIVE COVENANTS. 43 6.1 46 6.1. Indebtedness 43 6.2 46 6.2. Liens 43 6.3 46 6.3. Restrictions on Fundamental Changes. 43 6.4 46 6.4. Disposal of Assets 43 6.5 46 6.5. Change Name 44 6.6 47 6.6. Nature of Business 44 6.7 Certain Payments of Debt and Amendments 44 6.8 Change of Control 45 6.9 Restricted Payments 45 6.10 Accounting Methods 46 6.11 Investments; Controlled Investments 4647