Conditions to the Loans. This Agreement shall be effective on the date on which all of the following conditions have been satisfied or provided for in a manner reasonably satisfactory to Agent, or waived in writing by Agent:
Conditions to the Loans. The obligation of each Lender to make its Loans hereunder on the Closing Date is subject to satisfaction of the following conditions precedent:
(a) The Administrative Agent’s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals) unless otherwise specified, each properly executed by a Designated Officer of the signing Loan Party, each dated the Closing Date (or, in the case of certificates of governmental officials, a recent date before the Closing Date) and each in form and substance satisfactory to the Administrative Agent and each of the Lenders:
(i) executed counterparts of this Agreement sufficient in number for distribution to the Administrative Agent, each Lender and the Borrower;
(ii) a Note executed by the Borrower in favor of each Lender requesting a Note;
(iii) such certificates of resolutions or other action, incumbency certificates and/or other certificates of Designated Officers of each Loan Party as the Administrative Agent may require evidencing the identity, authority and capacity of each Designated Officer thereof authorized to act as a Designated Officer in connection with this Agreement and the other Loan Documents to which such Loan Party is a party or is to be a party;
(iv) such documents and certifications as the Administrative Agent may reasonably require to evidence that each Loan Party is duly organized or formed, and that the Borrower is validly existing, in good standing and qualified to engage in business in the State of Nevada and Holdings is validly existing, in good standing and qualified to engage in business in the State of Delaware and the State of California;
(v) a favorable opinion of Xxxxxxx X. Xxxxxxx, counsel to the Loan Parties, addressed to the Administrative Agent and each Lender, as to the matters set forth in Exhibit E-1 and such other matters concerning the Loan Parties and the Loan Documents as the Majority Lenders may reasonably request;
(vi) a favorable opinion of Xxxxxxxxxx Hyatt Xxxxxx Xxxxxxx, LLP, local counsel to the Borrower in Nevada, addressed to the Administrative Agent and each Lender, as to the matters set forth in Exhibit E-2 and such other matters concerning the Borrower and the Loan Documents to which it is party as the Majority Lenders may reasonably request;
(vii) a certificate signed by a Designated Officer of Holdings certifying that the Existing Credit Agreement has been terminated as of the Closing Date or will be terminated no later than...
Conditions to the Loans. Section 4.1 Conditions to Initial Loans................................................. 40 Section 4.2 Conditions to Subsequent Loans.............................................. 41
Conditions to the Loans. 9 (a) Conditions to the Effective Date.................................................. 9 (b) Conditions Precedent to all Loans and Substitutions............................... 10
Conditions to the Loans. (a) Conditions to the Effective Date. The obligation of MLMCI to enter into this Agreement is subject to the satisfaction by Assignor of the following conditions on the Effective Date:
Conditions to the Loans. Notwithstanding any other provision of this Agreement, no Lender shall be required to make the Loans provided for hereunder if the conditions precedent to the making of the Loans specified in Section 8 have not been satisfied.
Conditions to the Loans. 52 Section 4.1 Conditions to Initial Loans . . . . . . . . . . . . . . . 52 Section 4.2 Conditions to Subsequent Loans and L/Cs . . . . . . . . . 54
Conditions to the Loans. The obligations of the Bank to make the Term Loan and the first Revolving Credit Loan are subject to the satisfaction of all of the following conditions:
Conditions to the Loans. The obligation of each Lender to make the Loans (including any requested Term Loan B Advance) and to perform any obligations hereunder shall be subject to the reasonable satisfaction as determined by, or waived by, the Lenders of the following conditions on or before the Closing Date or a Term Loan B Advance Date (as applicable):
Conditions to the Loans. The obligation of each Lender to make the Loan to be made by it is subject to the satisfaction of the following conditions precedent on the Borrowing Date:
