Conditions to each Drawdown Date. The obligations of the Lenders to make any Loan hereunder on any Drawdown Date (including any Loans to be made on the Closing Date) is subject to the satisfaction of the following conditions with respect to the Assets and Borrower Group Companies relating to such Loans as of such Drawdown Date and, where applicable, such shall be in form and substance customary for similar transactions as the type constituted by this Agreement or reasonably satisfactory to the Administrative Agent acting in - 77 - consultation with the Required Lenders (and in each case, other than conditions to be met pursuant to Section 3.03): (a)
Conditions to each Drawdown Date. The obligations of the Lenders to make Drawings hereunder and under the Note Purchase Agreement or the Credit Agreement, as the case may be, on any Drawdown Date are subject to the satisfaction of the following conditions, each of which shall be reasonably satisfactory to the Administrative Agent in form and substance (or such condition shall have been waived by the Administrative Agent with the consent of (x) all of the Lenders in relation to a waiver in respect of 4.02(f) relating to a Default or an Event of Default, and (y) in all other cases (including for the avoidance of doubt a waiver in respect of 4.02(f) relating to a Trigger Event) the Required Lenders); provided that, if any condition specified in clause (b) below will not be satisfied or waived as of the date of any requested Drawdown, the Borrower may request that the proceeds of such Drawdown be deposited into the Funding Account in accordance with Sections 2.04 and 2.05 of the Note Purchase Agreement or Sections 2.04 and 2.05 of the Credit Agreement, as the case may be:
