First Lien Financing. The Administrative Agent shall have received a duly executed copy of the First Lien Credit Agreement Amendment, in form and substance acceptable to the Administrative Agent.
First Lien Financing. The Initial Borrower shall have received, or substantially simultaneously with the initial Borrowing under the Loan Documents shall receive, the net proceeds of the initial Borrowing under the First Lien Documents. In determining the satisfaction of the conditions specified in this Section 4.01, to the extent any item is required to be satisfactory to any Lender, such item shall be deemed satisfactory to each Lender which has not notified the Administrative Agent in writing prior to the occurrence of the Closing Date that the respective item or matter does not meet its satisfaction. Upon the Administrative Agent’s good faith determination that the conditions specified in this Section 4.01 have been met (after giving effect to the preceding sentence), then the Closing Date shall have been deemed to have occurred, regardless of any subsequent determination that one or more of the conditions thereto had not been met. Without limiting the generality of Section 9.03(a)(iii), for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required hereunder or thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received written notice from such Lender prior to the proposed Closing Date specifying its objection thereto.
First Lien Financing. The Administrative Agent shall have received evidence reasonably satisfactory to it that (i) each of the conditions precedent (other than the effectiveness of this Agreement) for the effectiveness of the First Lien Loan Documents has been satisfied and (ii) Borrower has established the Cash Escrow Account which is subject to a Deposit Account Control Agreement in favor of the Administrative Agent substantially in the form attached hereto as Exhibit G.
First Lien Financing. Borrower shall have entered into the First Lien Credit Agreement and received consent from the required lenders thereunder and shall have received $205.0 million in gross cash proceeds from new Tranche A-2 term loan borrowings under the First Lien Credit Agreement, in part, to refinance the existing Tranche A-1 term loans thereunder and shall have received commitments from revolving lenders for $30.0 million in Tranche A-1 revolver commitments thereunder, in accordance with the terms of the First Lien Loan Documents, without material waiver or modification thereof.
First Lien Financing. The Lenders shall be reasonably satisfied with the terms and conditions of the First Lien Financing, including, without limitation, the first amendment thereto. The Administrative Agent shall have received satisfactory evidence that simultaneously with the making of the initial Loans hereunder, the Borrower shall receive not less than $77.75 million in gross cash proceeds from the First Lien Credit Agreement.
